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Ta Jiang Q3 loss narrows YOY

4915106 said its normalized net income for the third quarter was a loss of 6 Taiwan cents per share, compared with a loss of 7 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$5.8 million, compared with a loss of NT$6.0 million in the prior-year period.

The normalized profit margin dropped to negative 53.3% from negative 7.5% in the year-earlier period.

Total revenue declined 86.2% on an annual basis to NT$10.9 million from NT$79.4 million, and total operating expenses declined 73.7% on an annual basis to NT$23.9 million from NT$91.0 million.

Reported net income came to a loss of NT$9.3 million, or a loss of 10 cents per share, compared to a loss of NT$11.4 million, or a loss of 13 cents per share, in the year-earlier period.

s of Nov. 16, US$1 was equivalent to NT$32.83.Ta Jiang Co. Ltd.

4915106 said its normalized net income for the third quarter was a loss of 6 Taiwan cents per share, compared with a loss of 7 cents per share in the year-earlier period.