Advancetek Enterprise Co.,Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 11, 2022 at 03:21 pm EDT
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Advancetek Enterprise Co.,Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 198.81 million compared to TWD 999.73 million a year ago. Net income was TWD 110.11 million compared to TWD 164.81 million a year ago. Basic earnings per share from continuing operations was TWD 0.3 compared to TWD 0.45 a year ago.
For the six months, sales was TWD 393.24 million compared to TWD 1,361.02 million a year ago. Net income was TWD 111.5 million compared to TWD 210 million a year ago. Basic earnings per share from continuing operations was TWD 0.3 compared to TWD 0.57 a year ago.
ADVANCETEK ENTERPRISE CO., LTD. is a Taiwan-based company principally engaged in the construction of residential properties and commercial buildings. The Company is involved in the construction of residential properties, suites, shops, offices and parking lots for sale and for rental. The Company mainly operates its businesses in Taiwan market, including New Taipei, Taoyuan and Taipei, among others.