Te Chang Construction Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 11, 2019 at 03:26 pm
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Te Chang Construction Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 1,432.437 million compared to TWD 1,146.375 million a year ago. Operating income was TWD 149.881 million compared to TWD 96.068 million a year ago. Net income was TWD 125.592 million compared to TWD 74.531 million a year ago. Basic earnings per share was TWD 1.11 compared to TWD 0.66 a year ago. Diluted earnings per share was TWD 1.1 compared to TWD 0.65 a year ago. For the half year, sales was TWD 2,889.819 million compared to TWD 1,850.540 million a year ago. Operating income was TWD 300.100 million compared to TWD 139.625 million a year ago. Net income was TWD 259.077 million compared to TWD 123.378 million a year ago. Basic earnings per share was TWD 2.28 compared to TWD 1.09 a year ago. Diluted earnings per share was TWD 2.27 compared to TWD 1.08 a year ago.
Te Chang Construction Co., Ltd. is a Taiwan-based company principally engaged in the general civil engineering and construction businesses. The Company is involved in the construction of residential buildings, government buildings, office buildings, schools, laboratories, hospitals, industrial buildings and others. It also involves in the construction of civil engineering projects, such as bridges, highways, landscaping, land remodeling, water and sewer projects and others. The Company operates its businesses in Taiwan market and overseas markets.