Chung Lien Transportation Co., Ltd Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 11, 2019 at 10:06 am EST
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Chung Lien Transportation Co. Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced total revenue was TWD 19.927 million compared to TWD 5.807 million a year ago. Operating income was TWD 13.740 million compared to TWD 2.521 million a year ago. Net loss was TWD 5.737 million compared to net income of TWD 9.503 million a year ago. Basic earnings per share from continuing operations was TWD 0.13 compared to TWD 0.03 a year ago. Basic loss per share was TWD 0.05 compared to basic earnings per share of TWD 0.09 a year ago. For the nine months, total revenue was TWD 30.737 million compared to TWD 17.087 million a year ago. Operating income was TWD 17.497 million compared to TWD 7.145 million a year ago. Net income was TWD 530.314 million compared to TWD 400.354 million a year ago. Basic earnings per share from continuing operations was TWD 0.16 compared to TWD 0.07 a year ago. Basic earnings per share was TWD 4.87 compared to TWD 3.68 a year ago.
Chung Lien Co Ltd is a Taiwan-based company mainly engaged in truck route freight business. The Company's main businesses include automobile freight industry, automobile route freight industry, automobile container freight industry, auto repair industry, warehousing industry and real estate leasing industry. The Company mainly provides household-to-house goods distribution services. The Company is engaged in the transportation of goods in the whole province of Taiwan and outlying islands.