Hua Yu Lien Development Co., Ltd Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 07, 2018 at 01:35 pm EST
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Hua Yu Lien Development Co. Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales was TWD 636.377 million compared to TWD 497.332 million a year ago. Operating income was TWD 107.287 million compared to TWD 78.359 million a year ago. Net income was TWD 67.741 million compared to TWD 57.133 million a year ago. Basic earnings per share was TWD 0.85 compared to TWD 0.72 a year ago.
For the nine months, sales was TWD 1,664.090 million compared to TWD 1,478.476 million a year ago. Operating income was TWD 310.127 million compared to TWD 220.528 million a year ago. Net income was TWD 233.373 million compared to TWD 145.510 million a year ago. Basic earnings per share was TWD 2.93 compared to TWD 1.83 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.