Giant Manufacturing Net Jumps on ForEx
A NT$962 million positive swing in foreign exchange drove comprehensive net income up 137% to NT$1129.7 million ($34.9 million) from NT$476.4 million in the second quarter. Excluding comprehensive items, the bottom line slipped 19% to NT$677.7 million as gross margin contracted 220 basis points to 20.4% and revenues were 9% ... Log in to view full article.