Hua Yu Lien Development Co., Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 12, 2023 at 10:12 pm
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Hua Yu Lien Development Co., Ltd reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 197.25 million compared to TWD 2,459.38 million a year ago. Net income was TWD 25.66 million compared to TWD 487.88 million a year ago. Basic earnings per share from continuing operations was TWD 0.26 compared to TWD 5.06 a year ago. Diluted earnings per share from continuing operations was TWD 0.21 compared to TWD 3.73 a year ago.
For the nine months, sales was TWD 297.33 million compared to TWD 3,243.02 million a year ago. Net loss was TWD 26.47 million compared to net income of TWD 537.42 million a year ago. Basic loss per share from continuing operations was TWD 0.27 compared to basic earnings per share from continuing operations of TWD 5.58 a year ago. Diluted loss per share from continuing operations was TWD 0.27 compared to diluted earnings per share from continuing operations of TWD 4.15 a year ago.
HUA YU LIEN Development Co., LTD is a Taiwan-based company principally engaged in the sales of buildings and lands. The businesses of the Company include land acquisition, the construction of commercial buildings and residential properties, as well as the leasing and sales of buildings and lands. The properties under the Company include shops, shopping malls, residential buildings, offices and parking lots, among others. The Company operates businesses through two segments, including trading of properties segment and construction of properties segment. The Company mainly operates businesses in domestic market.