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Momo.com profit highest since IPO – 台北時報

Momo.com profit highest since IPO – 台北時報

By Chen Cheng-hui / Staff reporter Television and online retailer Momo.com Inc (富邦媒體) last week reported its highest quarterly profit since it was listed on the nation’s main board in 2014, driven by steady growth in its online business-to-customer segment and a disposal gain from the sale of Taiwan Pelican Express Co (台灣宅配通) shares.Net profit increased 76.6 percent annually to NT$780.5 million (US$27.92 million) in the first quarter, or earnings per share of NT$5.57, the company said in a statement on Wednesday.Momo.com said that its non-operating gains totaled NT$101.5 million in the first quarter, including a NT$99 million disposal gain from Pelican… 

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