Kunyue Development Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 13, 2022 at 08:53 pm EST
Share
Kunyue 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 118.71 million compared to TWD 1,350.73 million a year ago. Net loss was TWD 12.35 million compared to net income of TWD 115.71 million a year ago. Basic loss per share from continuing operations was TWD 0.08 compared to basic earnings per share from continuing operations of TWD 0.74 a year ago.
For the nine months, sales was TWD 121.06 million compared to TWD 1,925.08 million a year ago. Net loss was TWD 127.53 million compared to net income of TWD 127.69 million a year ago. Basic loss per share from continuing operations was TWD 0.82 compared to basic earnings per share from continuing operations of TWD 0.82 a year ago.
Kunyue Development Co., Ltd. is a Taiwan-based company mainly engaged in the development, sales and leasing of real estates. The Companyâs primary businesses include the construction of residential buildings, commercial buildings, villas, public facilities and others. The Company is also involved in the provision of related maintenance services, including the structural engineering, water engineering, energy-saving projects, emergency power generation, external wall waterproofing, material testing and basement ventilation services. The Company mainly operates through two business segments: properties development business segment and construction business segment. The Company mainly operates its businesses in the central area of Taiwan.