trending Market Intelligence /marketintelligence/en/news-insights/trending/x6MQFXJ_T51yeQXsBL5OEg2 content esgSubNav
In This List

ShineMore Technology Materials Q1 loss narrows YOY


Global smart TV forecast return to growth in 2022, sustained through 2026

Case Study

Broad Environmental Data Guides an Insurer’s Journey to Net Zero


Broadcast deal market recap, Q2'22


Japan M&A By the Numbers: Q1 2022

ShineMore Technology Materials Q1 loss narrows YOY

ShineMore Technology Materials Co. Ltd. said its normalized net income for the first quarter amounted to a loss of 9 Taiwan cents per share, compared with a loss of 15 cents per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of NT$6.8 million, compared with a loss of NT$11.2 million in the year-earlier period.

The normalized profit margin rose to negative 4.8% from negative 8.2% in the year-earlier period.

Total revenue climbed year over year to NT$141.6 million from NT$136.5 million, and total operating expenses declined from the prior-year period to NT$152.6 million from NT$154.5 million.

Reported net income totaled a loss of NT$11.0 million, or a loss of 14 cents per share, compared to a loss of NT$18.4 million, or a loss of 24 cents per share, in the year-earlier period.

As of May 13, US$1 was equivalent to NT$32.68.