Forest Water Environmental Engineering Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 04:43 pm
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Forest Water Environmental Engineering Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 903.36 million compared to TWD 813.83 million a year ago. Revenue was TWD 903.36 million compared to TWD 813.83 million a year ago. Net loss was TWD 276.52 million compared to net income of TWD 58.6 million a year ago. Basic loss per share was TWD 1.92 compared to basic earnings per share of TWD 0.41 a year ago. Diluted loss per share was TWD 1.92 compared to diluted earnings per share of TWD 0.39 a year ago.
For the nine months, sales was TWD 2,794.61 million compared to TWD 2,859.51 million a year ago. Revenue was TWD 2,794.61 million compared to TWD 2,859.51 million a year ago. Net loss was TWD 172.71 million compared to net income of TWD 176.55 million a year ago. Basic loss per share was TWD 1.2 compared to basic earnings per share of TWD 1.22 a year ago. Diluted loss per share was TWD 1.2 compared to diluted earnings per share of TWD 1.19 a year ago.
Forest Water Environmental Engineering Co Ltd is a Taiwan-based company primarily engaged in the construction of water treatment projects and the maintenance of water treatment operation. The water treatment project contract business includes the construction of the urban sewage sewer system and the industrial wastewater treatment plant. The water treatment operation maintenance includes the operation and maintenance of urban sewage sewer systems and industrial wastewater plants. The Company is also engaged in service concession business. It operates its business mainly in Taiwan.