Magnate Technology: Revenue up 19% year-over-year, but Q2 net loss driven by large FX losses

About this update from Magnate Technology Co., Ltd.

Revenue grew 19% year-over-year to NT$750.67 million in the first half of 114, with net income rising to NT$3.33 million. Gross margin improved to 22%, but Q2 saw a net loss due to significant FX losses. Cash dividends of NT$50.74 million were paid and a new NT$700 million bond was issued.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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