Broadly speaking, profitable businesses are less risky than unprofitable ones. However, sometimes companies receive a one-off boost (or reduction) to their profit, and it’s not always clear whether statutory profits are an honest guide, going forward. during this article, we’ll check out how useful this year’s statutory profit is, when analysing eGalax_eMPIA Technology (GTSM:3556).
It’s good to ascertain that over the last twelve months eGalax_eMPIA Technology made a profit of NT$218.8m on revenue of NT$1.12b. As depicted below, while its revenue may have fallen over the previous couple of years, its profit actually improved.
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