Fong-Chien Construction Co.,Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 10, 2020 at 02:14 pm
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Fong-Chien Construction Co.,Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 160.330 million compared to TWD 84.605 million a year ago. Operating income was TWD 34.636 million compared to TWD 14.140 million a year ago. Net income was TWD 38.997 million compared to TWD 6.754 million a year ago. Basic earnings per share was TWD 0.25 compared to TWD 0.04 a year ago. For the nine months, sales was TWD 199.369 million compared to TWD 213.972 million a year ago. Operating income was TWD 10.263 million compared to TWD 38.487 million a year ago. Net income was TWD 10.506 million compared to TWD 32.978 million a year ago. Basic earnings per share was TWD 0.07 compared to TWD 0.21 a year ago.
FONG CHIEN CONSTRUCTION CO., LTD., formerly HUNG TU CONSTRUCTION CO., LTD., is a Taiwan-based company principally engaged in the real estate development business. The Companyâs primary business includes the entrusted construction of residential apartments, detached villas, communities, dormitories and commercial buildings, as well as the leasing and sales of residential buildings, parking lots and commercial properties. The Company mainly operates its business in the domestic market.