Tidehold Development Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 02, 2023 at 06:53 pm
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Tidehold 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 38.43 million compared to TWD 21.2 million a year ago. Net income was TWD 0.869 million compared to net loss of TWD 6.32 million a year ago. Basic earnings per share from continuing operations was TWD 0.01 compared to basic loss per share from continuing operations of TWD 0.06 a year ago. Diluted earnings per share from continuing operations was TWD 0.01 compared to diluted loss per share from continuing operations of TWD 0.06 a year ago.
For the nine months, sales was TWD 103.23 million compared to TWD 70.52 million a year ago. Net income was TWD 19.88 million compared to net loss of TWD 49.79 million a year ago. Basic earnings per share from continuing operations was TWD 0.2 compared to basic loss per share from continuing operations of TWD 0.51 a year ago. Diluted earnings per share from continuing operations was TWD 0.2 compared to diluted loss per share from continuing operations of TWD 0.51 a year ago.
TIDEHOLD DEVELOPMENT CO., LTD. is a Taiwan-based company principally engaged in the trading of automobiles and construction materials. The Company mainly operates businesses through two segments. The Construction segment is engaged in the leasing and sales of shops and offices, as well as land development. The Trading segment is engaged in the trading of imported cars, special vehicles, such as garbage trucks and engineering cars, as well as construction materials, among others. The Company is also engaged in the leasing of properties and the leasing of passenger cars. The Company mainly operates businesses in the domestic market.