3 stories mentioning TPE:6176Updated 2h ago
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Radiant Opto-Electronics (TPE:6176) spending for a new plant at Taiwan's Jhunan Science Park has reached around NT$3.27 billion, according to a Friday filing with the Taiwan Exchange.The two largest awards went to Leeming Construction of about NT$1.75 billion for long-lead mechanical, electrical and plumbing equipment and around NT$1.43 billion for structural steel and elevator works.
Radiant Opto-Electronics (TPE:6176) unit Radiant Opto-Electronics (Hong Kong) completed registration for a cash capital reduction, according to a Monday Taiwan Exchange filing.Shares of the backlight module manufacturer were up nearly 2% in Tuesday afternoon trading.The subsidiary's paid-in capital was reduced to $133.4 million from $190.5 million, with outstanding shares declining to 133.4 million from 190.5 million.Following the capital reduction, net worth per share increased to 15.52 yuan from 10.86 yuan, based on the subsidiary's first-quarter consolidated financial statements reviewed by independent auditors.
Radiant Opto-Electronics (TPE:6176) posted a profit attributable to owners of NT$1.05 billion, or NT$2.29 per basic share, for the first quarter, according to a Friday Taiwan bourse filing.The company did not provide comparative year-ago figures.Operating revenue stood at NT$12.04 billion, the manufacturer of backlight units (BLUs) and other electronic products said.
