Lih Tai Construction Enterprise Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 28, 2021 at 01:56 pm
Share
Lih Tai Construction Enterprise Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced total revenue was TWD 2,691.803 million compared to TWD 2,106.749 million a year ago. Operating income was TWD 351.374 million compared to TWD 112.735 million a year ago. Net income was TWD 282.937 million compared to TWD 124.076 million a year ago. Basic earnings per share was TWD 4.69 compared to TWD 2.05 a year ago. Diluted earnings per share was TWD 4.66 compared to TWD 2.05 a year ago.
Lihtai Construction Enterprise Co Ltd is a Taiwan-based company principally engaged in the production and sales of ready-mixed concrete. Ready-mixed concrete is a cement product processing industry, which is made of more than four to five main raw materials of different properties, such as cement, water, coarse and fine aggregates, and selected admixtures (blast furnace stone powder, fly ash, silica fume, chemical admixtures). After precise proportion design, it is mixed by automatic metering and then transported to the construction site by a ready-mix truck.