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View All News104 Corp Q3 revenue rises 8.1% as profits trend upwards
104 Corp. (3130:TAI) last week reported operating revenue for the third quarter of 2023 amounted to TWD 628.7 million (USD 19.4 million), an 8.12% year-over-year increase, setting a new quarterly revenue record.
The group’s unaudited third quarter financials also showed operating income and pre-tax income were TWD 172 million (USD 5.3 million) and TWD 182 million (USD 5.6 million), an increaseof 21.37% and 23.06% on a year-over-year basis, respectively.
| (TWD millions) | Q3 2023 | Q3 2022 | Change | Q3 2023 (USD millions) |
| Operating revenue | 628.7 | 581.5 | 8.1% | 19.4 |
| Operating income | 171.8 | 141.6 | 21.4% | 5.3 |
| Pre-tax income | 182.1 | 148.0 | 23.0% | 5.6 |
The accumulated operating revenue for the first three quarters of 2023 amounted to TWD 1.76 billion (USD 54.3 million), up by 6.39% compared to the corresponding period in the preceding year.
104 Corp also reported that the accumulated operating income and the accumulated pre-tax income were TWD 419 million (USD 12.9 million) and TWD 445 million (USD 13.7 million), a decrease of 5.15% and 3.03% on a year-over-year basis, respectively.
Along with job advertising, Taiwan-based 104 Corp. offers various services, including recruitment and executive search.
On 16 October 104 Corp shares closed at TWD 201.50 (USD 6.22), no change on the day. The company has a market cap of TWD 6.65 billion (USD 205.3 million).