Hung Ching Development & Construction Co. Ltd reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 163.64 million compared to TWD 466.82 million a year ago. Revenue was TWD 221.73 million compared to TWD 587.09 million a year ago. Net income was TWD 29.03 million compared to TWD 66.87 million a year ago. Basic earnings per share from continuing operations was TWD 0.11 compared to TWD 0.26 a year ago. Diluted earnings per share from continuing operations was TWD 0.11 compared to TWD 0.26 a year ago.
For the six months, sales was TWD 212.01 million compared to TWD 879.1 million a year ago. Revenue was TWD 308.37 million compared to TWD 1,021.1 million a year ago. Net loss was TWD 70.38 million compared to net income of TWD 136.65 million a year ago. Basic loss per share from continuing operations was TWD 0.27 compared to basic earnings per share from continuing operations of TWD 0.52 a year ago. Diluted loss per share from continuing operations was TWD 0.27 compared to diluted earnings per share from continuing operations of TWD 0.52 a year ago.