Nanqiao said that revenue and profit in February increased compared with the same period last year.

The picture shows the Nan Chiau Taoyuan factory.

(file photo)

[Reporter Yang Yamin/Taipei Report] Nanqiao (1702) self-concluded February after-tax net profit of 19.714 million yuan, a year-on-year increase of 343.21% from 4.448 million yuan in the same period last year, and EPS 0.08 yuan, an increase of 0.06 yuan from the same period last year.

Nan Qiao said that the increase in revenue and profit in February compared with the same period last year was mainly due to the fact that the Lunar New Year fell on January 22 this year, and last year the Chinese New Year fell on February 1, and the actual number of working days increased compared with the same period last year. Both profit and loss increased compared with last year.

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Nanqiao's consolidated revenue from January to February was 3.289 billion yuan, an increase of 214 million yuan from 3.075 billion yuan in the same period last year, an annual increase of 6.96%.

The cumulative profit from January to February was 49.958 million yuan, a decrease of 47.422 million yuan from the same period last year, an annual decrease of 48.70%, EPS0.2 yuan, a decrease of 0.19 yuan from the EPS0.39 yuan in the same period last year.

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