Kuo Yang Construction Co.,Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 09, 2022 at 04:29 pm
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Kuo Yang Construction 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 491.89 million compared to TWD 483.7 million a year ago. Net income was TWD 116.99 million compared to net loss of TWD 25.58 million a year ago. Basic earnings per share from continuing operations was TWD 0.31 compared to basic loss per share from continuing operations of TWD 0.07 a year ago. Diluted earnings per share from continuing operations was TWD 0.31 compared to diluted loss per share from continuing operations of TWD 0.07 a year ago.
For the nine months, sales was TWD 3,579.02 million compared to TWD 4,624.61 million a year ago. Net income was TWD 556.01 million compared to TWD 844.55 million a year ago. Basic earnings per share from continuing operations was TWD 1.46 compared to TWD 2.22 a year ago. Diluted earnings per share from continuing operations was TWD 1.46 compared to TWD 2.22 a year ago.
KUO YANG CONSTRUCTION CO., LTD is a Taiwan-based company principally engaged in the development, leasing and sales of real estates. The Company invests in the construction of residential properties, office buildings and commercial buildings, shops and industrial buildings for rental and for sales. The Company mainly operates businesses in Taiwan market. The Company is also engaged in the operation of hotels and restaurants, the provision of gardening services and investment businesses through its subsidiaries.