trending Market Intelligence /marketintelligence/en/news-insights/trending/WvThXhLMOhxIEc4rOsNsMA2 content esgSubNav
In This List

Longview Tea fiscal Q2 loss narrows YOY

Blog

Insight Weekly: US stock market downturn; Chinese bank earnings; Europe's big tech bills

Blog

Insight Weekly: Ukraine war impact on mining; US bank growth slowdown; cloud computing headwinds

Blog

Global M&A By the Numbers: Q1 2022

Blog

Insight Weekly: Earnings forecasts for US banks; corporate deleveraging; LatAm currency gains


Longview Tea fiscal Q2 loss narrows YOY

Longview Tea Co. Ltd. said its normalized net income for the fiscal second quarter ended Sept. 30 came to a loss of 5,630 rupees, compared with a loss of 158,130 rupees in the prior-year period.

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

Reported net income totaled a loss of 7,000 rupees, or a loss of 0 paise per share, compared to a loss of 253,000 rupees, or a loss of 7 paise per share, in the prior-year period.

As of Nov. 9, US$1 was equivalent to 66.41 Indian rupees.