Lih Tai Construction Enterprise Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 01:40 pm
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Lih Tai Construction Enterprise Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 627.331 million compared to TWD 489.315 million a year ago. Operating income was TWD 81.214 million compared to TWD 23.051 million a year ago. Net income was TWD 64.882 million compared to TWD 29.644 million a year ago. Basic earnings per share was TWD 1.07 compared to TWD 0.5 a year ago. Diluted earnings per share was TWD 1.07 compared to TWD 0.49 a year ago. For the half year, sales was TWD 1,147.802 million compared to TWD 880.465 million a year ago. Operating income was TWD 154.783 million compared to TWD 28.426 million a year ago. Net income was TWD 123.582 million compared to TWD 39.817 million a year ago. Basic earnings per share was TWD 2.04 compared to TWD 0.66 a year ago. Diluted earnings per share was TWD 2.04 compared to TWD 0.65 a year ago.
Lih Tai Construction Enterprise Co., Ltd. is a Taiwan-based company principally engaged in the production and distribution of ready-mix concrete. The Companyâs primary products include ordinary concrete products, high-intensity concrete products and high performance concrete products, which are mainly applied in the construction of residential buildings, factories, roads, bridges, airports and marine projects. The Company is also involved in the provision of cement and other products.