trending Market Intelligence /marketintelligence/en/news-insights/trending/W6EvG30JS17u_--M4CrxOg2 content esgSubNav
In This List

Maxigen Biotech Q3 loss widens 98.4% YOY

Blog

Gold - Geopolitical tensions and inflation remain key drivers

Blog

Lithium and Cobalt - Softer demand weighs on prices

Podcast

Street Talk | Episode 94: Recessionary fears in ’22 overblown, Fed could overtighten

Podcast

Next in Tech | Episode 65: The operations side of AI/ML


Maxigen Biotech Q3 loss widens 98.4% YOY

Maxigen Biotech Inc. said its normalized net income for the third quarter came to a loss of NT$628,750, compared with a loss of NT$316,880 in the prior-year period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin declined to negative 0.9% from negative 0.5% in the year-earlier period.

Total revenue grew 6.4% year over year to NT$67.1 million from NT$63.1 million, and total operating expenses grew 8.9% year over year to NT$72.8 million from NT$66.9 million.

Reported net income totaled a loss of NT$6.0 million, or a loss of 8 cents per share, compared to a loss of NT$1.2 million, or a loss of 2 cents per share, in the prior-year period.

As of Nov. 16, US$1 was equivalent to NT$32.83.