Shin Ruenn Development Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 13, 2018 at 12:04 pm
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Shin Ruenn development Co., Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales was TWD 320.084 million compared to TWD 100.094 million a year ago. Operating loss was TWD 37.594 million compared to TWD 24.426 million a year ago. Net loss was TWD 48.941 million compared to TWD 26.210 million a year ago. Basic loss per share was TWD 0.53 compared to TWD 0.37 a year ago.
For the nine months, sales was TWD 556.165 million compared to TWD 614.387 million a year ago. Operating loss was TWD 85.462 million compared to TWD 14.331 million a year ago. Net loss was TWD 114.751 million compared to TWD 31.657 million a year ago. Basic loss per share was TWD 1.24 compared to TWD 0.45 a year ago.
Shin Ruenn development Co., LTD is a Taiwan-based company mainly engaged in the construction and operation of real estates. The Company operates its businesses through entrusted construction of commercial and residential buildings, such as office buildings, exhibition halls and housings, as well as the sales of properties. It is also involved in the sales of gravels. The Company mainly conducts its businesses in domestic market.