Lih Tai Construction Enterprise Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 11, 2021
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Lih Tai Construction Enterprise Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 624.44 million compared to TWD 626.5 million a year ago. Revenue was TWD 679.74 million compared to TWD 678.76 million a year ago. Net income was TWD 97.4 million compared to TWD 78.52 million a year ago. Basic earnings per share from continuing operations was TWD 1.61 compared to TWD 1.31 a year ago. Diluted earnings per share from continuing operations was TWD 1.61 compared to TWD 1.29 a year ago.
For the nine months, sales was TWD 1,815.9 million compared to TWD 1,774.3 million a year ago. Revenue was TWD 1,975.29 million compared to TWD 1,930.86 million a year ago. Net income was TWD 256.7 million compared to TWD 202.1 million a year ago. Basic earnings per share from continuing operations was TWD 4.25 compared to TWD 3.35 a year ago. Diluted earnings per share from continuing operations was TWD 4.23 compared to TWD 3.33 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.