"TV and online retailer Momo.com Inc (富邦媒體) on Thursday last week reported its lowest earnings per share (EPS) for the January-to-March quarter in three years, affected by non-operating losses of NT$4.6 million (US$155,217).The firm’s EPS for the first quarter reached NT$2.2, compared with NT$2.21 during the same period last year and NT$2.45 two years ago. The decline came as net income fell 0.4 percent year-on-year to NT$307 million, the company said in a statement on its Web site. However, after adjusting for one-time disposal gains or losses and effects from the International Financial Reporting Standards 9 guidelines, recurring net income for the quarter increased 8.7 percent year-on-year to NT$327.3 million and EPS expanded to NT$2.34, Momo.com said.
Accelerating growth in the company’s online business-to-customer (B2C) business and a recovery in TV home shopping helped boost the company’s revenue last quarter 34.3 percent annually to NT$10.18 billion, surpassing NT$10 billion for the first time in a single quarter, it said...."
http://www.taipeitimes.com/News/biz/archives/2018/04/30/2003692219 |