Chong Hong Construction Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 13, 2020 at 10:54 am EDT
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Chong Hong Construction Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 919.001 million compared to TWD 1,603.101 million a year ago. Operating income was TWD 270.898 million compared to TWD 493.730 million a year ago. Net income was TWD 233.246 million compared to TWD 448.412 million a year ago. Basic earnings per share was TWD 0.8 compared to TWD 1.54 a year ago. For the half year, sales was TWD 3,436.791 million compared to TWD 4,338.646 million a year ago. Operating income was TWD 1,179.496 million compared to TWD 1,461.317 million a year ago. Net income was TWD 1,166.135 million compared to TWD 1,404.522 million a year ago. Basic earnings per share was TWD 4.02 compared to TWD 4.84 a year ago.
CHONG HONG CONSTRUCTION CO., LTD. is a Taiwan-based company principally engaged in the rental and sales of residential, industrial and commercial buildings. The Company's main products include industrial plants, factory offices, commercial buildings, residential buildings, storefronts and parking spaces. The Company also provides planning services for high-end residential buildings and smart factory buildings. The Company operates its businesses mainly in domestic market.