Pacific Construction Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 12, 2019 at 05:57 pm
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Pacific Construction Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 208.263 million compared to TWD 231.721 million a year ago. Operating loss was TWD 20.287 million compared to TWD 34.563 million a year ago. Net loss was TWD 58.335 million compared to TWD 64.799 million a year ago. Basic loss per share was TWD 0.16 compared to TWD 0.18 a year ago. For the half year, sales was TWD 374.431 million compared to TWD 416.958 million a year ago. Operating loss was TWD 37.558 million compared to TWD 57.358 million a year ago. Net loss was TWD 86.383 million compared to TWD 89.954 million a year ago. Basic loss per share was TWD 0.24 compared to TWD 0.25 a year ago.
PACIFIC CONSTRUCTION CO., LTD. is a Taiwan-based company principally engaged in construction businesses. The Company constructs buildings, apartments, shopping malls and villas. The buildings include advanced buildings, offices, suites, shops and parking lots. The apartments include residential and shop apartments. The shopping malls include department stores and boutique streets. The villas include community villas, vacation villas and others. The Company operates through five segments. Construction segment constructs and sells commercial buildings and residential properties. Leasing segment leases and sells commercial buildings and residential properties. Department Stores segment operates department stores and supermarkets. Property Management segment is engaged in the management of immovable properties. Investment segment is mainly engaged in investment advisory businesses.