Reported Earnings • May 16
First quarter 2026 earnings released: NT$0.034 loss per share (vs NT$0.56 loss in 1Q 2025) First quarter 2026 results: NT$0.034 loss per share (improved from NT$0.56 loss in 1Q 2025). Revenue: NT$82.5m (down 41% from 1Q 2025). Net loss: NT$2.15m (loss narrowed 94% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 16
Full year 2025 earnings released: NT$0.92 loss per share (vs NT$3.63 loss in FY 2024) Full year 2025 results: NT$0.92 loss per share (improved from NT$3.63 loss in FY 2024). Revenue: NT$414.8m (down 53% from FY 2024). Net loss: NT$58.7m (loss narrowed 54% from FY 2024). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Annuncio • Mar 05
Xxtechec Co., Ltd., Annual General Meeting, May 21, 2026 Xxtechec Co., Ltd., Annual General Meeting, May 21, 2026, at 09:00 Taipei Standard Time. Location: 2 floor no,78, shen yih s. rd., gueiren district, tainan city Taiwan New Risk • Feb 28
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 32% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Market cap is less than US$100m (NT$892.0m market cap, or US$28.4m). Reported Earnings • Nov 12
Third quarter 2025 earnings released: NT$0.16 loss per share (vs NT$0.57 loss in 3Q 2024) Third quarter 2025 results: NT$0.16 loss per share (improved from NT$0.57 loss in 3Q 2024). Revenue: NT$82.8m (down 53% from 3Q 2024). Net loss: NT$10.4m (loss narrowed 47% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 17
Second quarter 2025 earnings released: EPS: NT$0.10 (vs NT$1.93 loss in 2Q 2024) Second quarter 2025 results: EPS: NT$0.10 (up from NT$1.93 loss in 2Q 2024). Revenue: NT$116.9m (down 51% from 2Q 2024). Net income: NT$6.26m (up NT$72.9m from 2Q 2024). Profit margin: 5.4% (up from net loss in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Reported Earnings • May 14
First quarter 2025 earnings released: NT$0.56 loss per share (vs NT$0.57 loss in 1Q 2024) First quarter 2025 results: NT$0.56 loss per share. Revenue: NT$139.6m (down 51% from 1Q 2024). Net loss: NT$35.7m (loss widened 80% from 1Q 2024). Annuncio • May 01
Xxtechec Co., Ltd. to Report Q1, 2025 Results on May 08, 2025 Xxtechec Co., Ltd. announced that they will report Q1, 2025 results on May 08, 2025 New Risk • Apr 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 55% per year over the past 5 years. Shareholders have been substantially diluted in the past year (84% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Market cap is less than US$100m (NT$872.7m market cap, or US$26.4m). Reported Earnings • Mar 20
Full year 2024 earnings released: NT$3.63 loss per share (vs NT$3.53 loss in FY 2023) Full year 2024 results: NT$3.63 loss per share (further deteriorated from NT$3.53 loss in FY 2023). Revenue: NT$877.6m (down 33% from FY 2023). Net loss: NT$127.5m (loss widened 11% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings. Annuncio • Mar 06
Xxtechec Co., Ltd., Annual General Meeting, May 20, 2025 Xxtechec Co., Ltd., Annual General Meeting, May 20, 2025, at 09:00 Taipei Standard Time. Location: 2 floor no,78, shen yih s. rd., gueiren district, tainan city Taiwan Annuncio • Mar 01
Xxtechec Co., Ltd. Announces Resignation of Ko,Pei-Yu as Corporate Governance Officer Xxtechec Co., Ltd. announced Change to the Corporate Governance Officer (CGO)of the company. Name, title, and resume of the previous position holder: KO,PEI-YU The Company accounting specialist of financial accounting department and CGO. Type of change: resignation. Effective date: February 28, 2025. New Risk • Feb 03
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 84% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 60% per year over the past 5 years. Shareholders have been substantially diluted in the past year (84% increase in shares outstanding). Minor Risk Market cap is less than US$100m (NT$757.2m market cap, or US$22.9m). Reported Earnings • Nov 19
Third quarter 2024 earnings released: NT$0.57 loss per share (vs NT$1.06 loss in 3Q 2023) Third quarter 2024 results: NT$0.57 loss per share (improved from NT$1.06 loss in 3Q 2023). Revenue: NT$176.6m (down 42% from 3Q 2023). Net loss: NT$19.4m (loss narrowed 43% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 30% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 17
Second quarter 2024 earnings released: NT$1.92 loss per share (vs NT$0.60 loss in 2Q 2023) Second quarter 2024 results: NT$1.92 loss per share (further deteriorated from NT$0.60 loss in 2Q 2023). Revenue: NT$236.3m (down 23% from 2Q 2023). Net loss: NT$66.6m (loss widened 252% from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 27% per year, which means it has not declined as severely as earnings. Annuncio • Aug 01
Kuobrothers Corp. to Report Q2, 2024 Results on Aug 08, 2024 Kuobrothers Corp. announced that they will report Q2, 2024 results on Aug 08, 2024 Reported Earnings • May 19
First quarter 2024 earnings released: NT$0.57 loss per share (vs NT$0.50 loss in 1Q 2023) First quarter 2024 results: NT$0.57 loss per share (further deteriorated from NT$0.50 loss in 1Q 2023). Revenue: NT$287.2m (down 22% from 1Q 2023). Net loss: NT$19.9m (loss widened 27% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings. Annuncio • May 09
Kuobrothers Corp. Announces Audit Committee Changes Kuobrothers Corp. announced the fourth term of audit committee members: Name of the previous position holder: Lin, Li-Hung; SU, CHIH -YUAN; LU, LI-WEN. Resume of the previous position holder: Lin, Li-Hung, Unimicron Technology Corp. -Senior manager of administrative services department; SU, CHIH -YUAN, Ehenglawyer-Attorney-at-law, LU, LI-WEN, Rapyd-Head of North Asia BD. Name of the new position holder: Tung,Chun-Hung; Hung,Yu-Wen; Lu-Hsiang-Jou. Resume of the new position holder: Tung,Chun-Hung, Solar Applied Materials Technology Corp. -Independent Director; Hung,Yu-Wen, Wistron Corporation-Investment Manager; Lu-Hsiang-Jou, Sunsino Venture Group-CEO. Effective date of the new member is May 8, 2024. Reason for the change: Organized by the newly elected independent directors. Annuncio • May 02
Kuobrothers Corp. to Report Q1, 2024 Results on May 08, 2024 Kuobrothers Corp. announced that they will report Q1, 2024 results on May 08, 2024 Annuncio • Apr 27
Kuobrothers Corp. Announces Executive Changes Kuobrothers Corp. announced Change to the Chief Technology Officer(CTO) and Chief Information Security Officer(CISO) of the Company. Name, title, and resume of the previous position holder: Lin,Shang-Wei, the Company's CTO and CISO. Name, title, and resume of the new position holder: Wang,Wei-Ren, CEO of Profyu Inc. Type of change: Resignation. Reason for the change: personal career planning. Effective date is April 26, 2024. Reported Earnings • Apr 03
Full year 2023 earnings released Full year 2023 results: Revenue: NT$1.31b (down 44% from FY 2022). Net loss: NT$117.0m (loss narrowed 1.5% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 47 percentage points per year, which is a significant difference in performance. Annuncio • Mar 14
Kuobrothers Corp., Annual General Meeting, Jun 07, 2024 Kuobrothers Corp., Annual General Meeting, Jun 07, 2024. Location: 5F.-building D , No. 19-3, Sanchong Rd., Nangang Dist Taipei City Taiwan Agenda: To consider 2023 Business Report; to conisder 2023 Audit Committees Review Report; and to transact such other business matters. Annuncio • Mar 08
Kuobrothers Corp. Appoints Tsao Ching as Vice Chief Executive Officer Kuobrothers Corp. Announced the new position of the Vice Chief Executive Officer. Name, title, and resume of the new position holder: Tsao Ching. Reason for the change: Internal management requirement addition position. Effective date is March 8, 2024. Annuncio • Feb 08
Xxentria-Chi Co.,LTD made an offer to acquire 60% stake in Kuobrothers Corp. (TPEX:8477) for approximately TWD 350 million. Xxentria-Chi Co.,LTD made an offer to acquire 60% stake in Kuobrothers Corp. (TPEX:8477) for approximately TWD 350 million on February 6, 2024. Xxentria-Chi Co.,LTD is paying TWD 16.65 per share. Transaction is expected to complete on March 27, 2024. New Risk • Oct 24
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 7.9% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 70% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (7.9% increase in shares outstanding). Market cap is less than US$100m (NT$548.9m market cap, or US$17.0m). Annuncio • Oct 14
Kuobrothers Corp. Announces the Retirement of Wu, Zong-Rong as Chief Investment Officer Kuobrothers Corp. announced the retirement of WU, ZONG-RONG as Chief Investment Officer, effective October 13, 2023. Annuncio • Sep 02
Kuobrothers Corp. Announces Changes of Representative of Institutional Director Kuobrothers Corp. appointed Tsao Ching, Vice President as representative of institutional director in place of Jem-Juan Lee, effective September 1, 2023. Reported Earnings • Aug 17
Second quarter 2023 earnings released: NT$0.60 loss per share (vs NT$0.90 loss in 2Q 2022) Second quarter 2023 results: NT$0.60 loss per share (improved from NT$0.90 loss in 2Q 2022). Revenue: NT$308.4m (down 52% from 2Q 2022). Net loss: NT$18.9m (loss narrowed 34% from 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 26
Full year 2022 earnings released: NT$3.76 loss per share (vs NT$1.06 loss in FY 2021) Full year 2022 results: NT$3.76 loss per share (further deteriorated from NT$1.06 loss in FY 2021). Revenue: NT$2.35b (down 36% from FY 2021). Net loss: NT$118.8m (loss widened 287% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance. Annuncio • Dec 24
Kuobrothers Corp. Appoints WU,PEIWEN as Vice Chief Executive Officer of the Company Kuobrothers Corp. announced the appointment of WU,PEIWEN as vice chief executive officer.:To assist CEO to achieve business objectives of the Company. Buying Opportunity • Dec 16
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 17%. The fair value is estimated to be NT$23.76, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 20% over the last 3 years. Meanwhile, the company became loss making. Annuncio • Dec 02
Kuobrothers Corp. Announces Executive Changes, with Effect from January 1, 2023 Kuobrothers Corp. announced resignation of Tsao Ching as Chief Business Officer and appointed Hsiao Chieh-Yun as Chief Business Officer of the company, with effect from January 1, 2023. Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Chih-Yuan Su was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Annuncio • Nov 12
Kuobrothers Corp. Appoints Lin,Shang-Wei as Chief Information Security Officer Kuobrothers Corp. appointed Lin,Shang-Wei, CTO of the company as Chief Information Security Officer. Effective date: November 11, 2022. Reported Earnings • Aug 07
Second quarter 2022 earnings released: NT$0.90 loss per share (vs NT$0.46 profit in 2Q 2021) Second quarter 2022 results: NT$0.90 loss per share (down from NT$0.46 profit in 2Q 2021). Revenue: NT$641.3m (down 43% from 2Q 2021). Net loss: NT$28.5m (down 328% from profit in 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. Annuncio • Jul 28
Kuobrothers Corp. Announces Resignation of Sung,Chia-Shuan as Chief Marketing Officer, Effective July 31, 2022 Kuobrothers Corp. announced change to the Chief Marketing Officer(CMO) of the Company. Name, title, and resume of the previous position holder: Sung,Chia-Shuan. Name, title, and resume of the new position holder: None. Type of change: resignation. Reason for the change: resignation. Effective date is July 31, 2022. Annuncio • Jun 16
Kuobrothers Corp. Announces Change to the Chief Operating Officer Kuobrothers Corp. announced the position adjustment of Chen Hung-Yi, COO. Effective date: July 1, 2022. Annuncio • Jun 10
Kuobrothers Corp. Announces Resignation of Ku Wu Nan as Chief Strategy Officer, Effective from June 30, 2022 Kuobrothers Corp. announced resignation of Ku Wu Nan as chief strategy officer, effective from June 30, 2022. Annuncio • May 27
Kuobrothers Corp Announces Resignation of H.P. Sheu as Chief Product Officer, Effective June 1, 2022 Kuobrothers Corp. announced resignation of H.P. Sheu as Chief product officer, effective date is June 1, 2022. Reported Earnings • May 16
First quarter 2022 earnings released: NT$0.82 loss per share (vs NT$0.64 loss in 1Q 2021) First quarter 2022 results: NT$0.82 loss per share (down from NT$0.64 loss in 1Q 2021). Revenue: NT$687.9m (down 25% from 1Q 2021). Net loss: NT$25.9m (loss widened 62% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance. Annuncio • May 12
Kuobrothers Corp. Announces Sung,Chia-Shuan as Chief Marketing Officer Kuobrothers Corp. announced replacement of Chen,Li-Jung with Sung,Chia-Shuan as Chief Marketing Officer, effective date is April 1, 2022. Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Chih-Yuan Su was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Buying Opportunity • Mar 01
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 16%. The fair value is estimated to be NT$36.54, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.7% per annum over the last 3 years. The company became loss making over the last year. Reported Earnings • Mar 01
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: NT$1.06 loss per share (down from NT$0.49 profit in FY 2020). Revenue: NT$3.67b (down 20% from FY 2020). Net loss: NT$30.7m (down 348% from profit in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 12
Third quarter 2021 earnings released: EPS NT$0.12 (vs NT$0.25 loss in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: NT$870.1m (down 22% from 3Q 2020). Net income: NT$3.77m (up NT$10.0m from 3Q 2020). Profit margin: 0.4% (up from net loss in 3Q 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 12
Second quarter 2021 earnings released: EPS NT$0.46 (vs NT$0.25 in 2Q 2020) The company reported a solid second quarter result with improved earnings and profit margins, although revenues were flat. Second quarter 2021 results: Revenue: NT$1.13b (flat on 2Q 2020). Net income: NT$12.5m (up 100% from 2Q 2020). Profit margin: 1.1% (up from 0.6% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Jun 19
Upcoming dividend of NT$1.94 per share Eligible shareholders must have bought the stock before 25 June 2021. Payment date: 29 July 2021. Trailing yield: 5.1%. Within top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (0.9%). Executive Departure • Jun 11
Chief Internal Auditor Yu-Fan Sun has left the company On the 1st of June, Yu-Fan Sun's tenure as Chief Internal Auditor ended after less than a year in the role. We don't have any record of a personal shareholding under Yu-Fan's name. A total of 6 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Jun 11
President Chia-Hsin Liao has left the company On the 4th of June, Chia-Hsin Liao's tenure as President ended after 2.7 years in the role. We don't have any record of a personal shareholding under Chia-Hsin's name. A total of 6 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Jun 11
Director Chia-Chi Kuo has left the company On the 4th of June, Chia-Chi Kuo's tenure as Director ended after 9.1 years in the role. We don't have any record of a personal shareholding under Chia-Chi's name. A total of 6 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Jun 11
Chief Marketing Officer Ya Chieh Chang has left the company On the 7th of June, Ya Chieh Chang's tenure as Chief Marketing Officer ended after 1.3 years in the role. We don't have any record of a personal shareholding under Ya Chieh's name. A total of 6 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Reported Earnings • May 16
First quarter 2021 earnings released: NT$0.64 loss per share (vs NT$1.13 profit in 1Q 2020) The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: NT$921.3m (down 28% from 1Q 2020). Net loss: NT$16.0m (down 157% from profit in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Executive Departure • May 04
Chief Technology Officer has left the company On the 1st of May, Yan-Kuan Lee's tenure as Chief Technology Officer ended after 5.2 years in the role. We don't have any record of a personal shareholding under Yan-Kuan's name. A total of 2 executives have left over the last 12 months. Annuncio • Mar 04
Kuobrothers Corp., Annual General Meeting, May 18, 2021 Kuobrothers Corp., Annual General Meeting, May 18, 2021. Reported Earnings • Feb 25
Full year 2020 earnings released: EPS NT$0.49 (vs NT$1.53 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$4.56b (down 10% from FY 2019). Net income: NT$12.4m (down 68% from FY 2019). Profit margin: 0.3% (down from 0.7% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 1% per year. Is New 90 Day High Low • Jan 19
New 90-day low: NT$35.25 The company is down 13% from its price of NT$40.50 on 22 October 2020. The Taiwanese market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Online Retail industry, which is up 5.0% over the same period. Is New 90 Day High Low • Jan 04
New 90-day low: NT$37.70 The company is down 6.0% from its price of NT$40.00 on 07 October 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Online Retail industry, which is down 8.0% over the same period. Is New 90 Day High Low • Dec 18
New 90-day low: NT$38.10 The company is down 8.0% from its price of NT$41.50 on 18 September 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Online Retail industry, which is down 16% over the same period. Is New 90 Day High Low • Dec 02
New 90-day low: NT$39.70 The company is down 1.0% from its price of NT$40.30 on 03 September 2020. The Taiwanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Online Retail industry, which is down 17% over the same period. Annuncio • Nov 21
Kuobrothers Corp. (GTSM:8477) agreed to acquire remaining 47% stake in Mobix Corporation (GTSM:6740) for approximately TWD 270 million. Kuobrothers Corp. (GTSM:8477) agreed to acquire remaining 47% stake in Mobix Corporation (GTSM:6740) for approximately TWD 270 million on November 19, 2020. Kuobrothers Corp. will acquire remaining shares in Mobix Corporation through a share swap scheme. As a part of consideration, Kuobrothers to issue 6.631724 million new shares to buy out Mobix shares based on an exchange ratio of 0.91 Kuobrothers shares for one Mobix share. Post Completion, Mobix would be delisted from the Taipei Exchange. Kuobrothers Corp. and Kuobrothers Corp. will continue to operate as separate brands. Transaction is expected to complete by June 2021. Reported Earnings • Nov 01
Third quarter earnings released Over the last 12 months the company has reported total profits of NT$31.2m, down 16% from the prior year. Total revenue was NT$4.92b over the last 12 months, down 1.7% from the prior year.