Hua Yu Lien Development Co., Ltd Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 10, 2020 at 03:28 pm EDT
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Hua Yu Lien Development Co. Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 279.864 million compared to TWD 117.408 million a year ago. Operating income was TWD 43.919 million compared to TWD 8.082 million a year ago. Net income was TWD 22.857 million compared to net loss of TWD 11.010 million a year ago. Basic earnings per share was TWD 0.24 compared to basic loss per share of TWD 0.12 a year ago. Diluted earnings per share was TWD 0.22 compared to diluted loss per share of TWD 0.12 a year ago. For the half year, sales was TWD 670.769 million compared to TWD 622.574 million a year ago. Operating income was TWD 110.794 million compared to TWD 92.728 million a year ago. Net income was TWD 60.535 million compared to TWD 49.762 million a year ago. Basic earnings per share was TWD 0.63 compared to TWD 0.52 a year ago.
HUA YU LIEN Development Co., LTD is a Taiwan-based company principally engaged in the sales of buildings and lands. The businesses of the Company include land acquisition, the construction of commercial buildings and residential properties, as well as the leasing and sales of buildings and lands. The properties under the Company include shops, shopping malls, residential buildings, offices and parking lots, among others. The Company operates businesses through two segments, including trading of properties segment and construction of properties segment. The Company mainly operates businesses in domestic market.
HUA YU LIEN DEVELOPMENT CO., LTD 
