trending Market Intelligence /marketintelligence/en/news-insights/trending/z9CWb7EF9mAXqw-YkeApYA2 content esgSubNav
In This List

Munsin Garment Q1 profit climbs 25.5% YOY

Blog

Using ESG Analysis to Support a Sustainable Future

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective


Munsin Garment Q1 profit climbs 25.5% YOY

Munsin Garment Corp. said its normalized net income for the first quarter was 29 Taiwan cents per share, a gain of 25.4% from 23 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$15.9 million, a gain of 25.5% from NT$12.7 million in the year-earlier period.

The normalized profit margin rose to 4.4% from 3.9% in the year-earlier period.

Total revenue grew 10.0% year over year to NT$359.0 million from NT$326.4 million, and total operating expenses grew 7.0% year over year to NT$340.2 million from NT$318.0 million.

Reported net income increased 26.7% from the prior-year period to NT$20.8 million, or 38 cents per share, from NT$16.4 million, or 30 cents per share.

As of May 13, US$1 was equivalent to NT$30.62.