Advancetek Enterprise Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 12, 2023 at 10:06 pm EST
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Advancetek Enterprise 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 301.31 million compared to TWD 201.08 million a year ago. Net income was TWD 37.55 million compared to TWD 48.53 million a year ago. Basic earnings per share from continuing operations was TWD 0.1 compared to TWD 0.13 a year ago.
For the nine months, sales was TWD 1,013.43 million compared to TWD 594.32 million a year ago. Net income was TWD 260.92 million compared to TWD 160.03 million a year ago. Basic earnings per share from continuing operations was TWD 0.71 compared to TWD 0.44 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.