Farglory Land Development Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
October 27, 2022 at 04:15 pm EDT
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Farglory Land Development Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 6,699.43 million compared to TWD 9,141.57 million a year ago. Net income was TWD 1,435.19 million compared to TWD 1,422.74 million a year ago. Basic earnings per share from continuing operations was TWD 1.84 compared to TWD 1.82 a year ago. Diluted earnings per share from continuing operations was TWD 1.83 compared to TWD 1.82 a year ago.
For the nine months, sales was TWD 18,477.09 million compared to TWD 18,164.49 million a year ago. Net income was TWD 3,920.03 million compared to TWD 3,107.87 million a year ago. Basic earnings per share from continuing operations was TWD 5.02 compared to TWD 3.98 a year ago. Diluted earnings per share from continuing operations was TWD 5.01 compared to TWD 3.97 a year ago.
Farglory Land Development Co., LTD. is a Taiwan-based company principally engaged in the property development business. The Company mainly operates its business through two segments: Property Development segment and Property Construction segment. The Property Development segment is mainly engaged in the development, construction and sales of residential buildings, industrial buildings and commercial buildings, the leasing of residential and office buildings, as well as the sales of other properties. The Company mainly operates its business in Taiwan markets.