trending Market Intelligence /marketintelligence/en/news-insights/trending/szvQ3MPy8K-ok_0fV8d5Kw2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Taiwan Taffeta Fabric Q2 profit climbs YOY


LCD Case Study: Streamlining Internal Processes with Automated Data Delivery


LCD Case Study: Using Leveraged Loan Data to Assess a Bank’s Portfolio Risk


LCD Case Study: Digging Deep on Leveraged Loans


EMEA Deal-Making Muted in Q4 2020, With No Mega Deals in Sight

Taiwan Taffeta Fabric Q2 profit climbs YOY

Taiwan Taffeta Fabric Co. Ltd. said its second-quarter normalized net income was 21 Taiwan cents per share, a gain from 8 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$27.1 million, a gain from NT$10.2 million in the prior-year period.

The normalized profit margin rose to 4.9% from 1.8% in the year-earlier period.

Total revenue totaled NT$557.0 million, compared with NT$554.3 million in the year-earlier period, and total operating expenses declined year over year to NT$512.7 million from NT$535.2 million.

Reported net income rose year over year to NT$38.2 million, or 29 cents per share, from NT$14.4 million, or 11 cents per share.

As of Aug. 10, US$1 was equivalent to NT$31.65.