trending Market Intelligence /marketintelligence/en/news-insights/trending/sSaDSQRtl0LY6ejzGbG1hA2 content esgSubNav
Log in to other products


Looking for more?

Contact Us
In This List

Tah Hsin Industrial Q3 profit falls YOY


Understanding the Basics of Social Housing Providers and Associations (SHPAs)


Tech in Banking: An Age of Digital Disruption


COVID-19 Impact & Recovery: LCD Outlook for H2 2021


COVID 19 Impact Recovery Media Telecom and Technology Outlook for H2 2021

Tah Hsin Industrial Q3 profit falls YOY

Tah Hsin Industrial Corp. said its third-quarter normalized net income came to 60 Taiwan cents per share, a decrease of 8.0% from 65 cents per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was NT$113.8 million, a decline of 8.0% from NT$123.7 million in the year-earlier period.

The normalized profit margin fell to 13.3% from 16.5% in the year-earlier period.

Total revenue increased 14.7% on an annual basis to NT$858.5 million from NT$748.3 million, and total operating expenses grew 11.6% year over year to NT$800.9 million from NT$717.7 million.

Reported net income fell 6.3% year over year to NT$171.8 million, or 90 cents per share, from NT$183.2 million, or 96 cents per share.

As of Nov. 11, US$1 was equivalent to NT$31.93.