Rich Development Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 02:52 am
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Rich Development Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 2,606.74 million compared to TWD 1,571.58 million a year ago. Net income was TWD 188.09 million compared to net loss of TWD 62.11 million a year ago. Basic earnings per share from continuing operations was TWD 0.25 compared to basic loss per share from continuing operations of TWD 0.08 a year ago. Diluted earnings per share from continuing operations was TWD 0.25 compared to diluted loss per share from continuing operations of TWD 0.08 a year ago.
For the nine months, sales was TWD 6,214.35 million compared to TWD 4,643.43 million a year ago. Net income was TWD 207.14 million compared to TWD 72.85 million a year ago. Basic earnings per share from continuing operations was TWD 0.28 compared to TWD 0.1 a year ago. Diluted earnings per share from continuing operations was TWD 0.28 compared to TWD 0.1 a year ago.
Rich Development Construction Co Ltd is a Taiwan-based company primarily engaged in construction, development, leasing and distribution of residential and commercial buildings. The Company's main businesses consist of the development of buildings, which includes residential properties, commercial offices, shops and parking lots, as well as apartments, including housings, shops and parking lots. The Company is also involved in provision of commercial office leasing services, the construction of environment protection projects, the operation of hotels and restaurants and other.