L.M. Development Co., Ltd. Announces Earnings Results for the Third Quarter and Nine Months Ended September 30, 2018
November 12, 2018 at 02:24 pm EST
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L.M. Development Co. Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales was TWD 76.369 million compared to TWD 334.989 million a year ago. Operating loss was TWD 317,000 compared to operating Income of TWD 38.314 million a year ago. Net income was TWD 726,000 compared to TWD 38.540 million a year ago. Basic and diluted earnings per share was TWD 0.01 compared to TWD 0.38 a year ago. Profit from continuing operations before tax was TWD 1.183 million against TWD 38.540 million a year ago.
For the nine months, sales was TWD 3,785.074 million compared to TWD 1,203.590 million a year ago. Operating income was TWD 817.638 million compared to TWD 122.476 million a year ago. Net income was TWD 765.720 million compared to TWD 106.411 million a year ago. Basic and diluted earnings per share was TWD 7.51 compared to TWD 1.04 a year ago. Profit from continuing operations before tax was TWD 821.770 million against TWD 121.495 million a year ago.
L.M. Development Co., Ltd. is a Taiwan-based company principally engaged in the construction and building businesses. Its primary businesses include the development, construction, leasing and sales of properties, such as the residential and commercial buildings. The Company is also engaged in the wholesaling and retailing of construction materials and raw materials, as well as the landscape and interior design and decoration businesses. The Company is also involved in the provision of related management and labor services. The Company mainly operates its businesses in domestic markets, including Hsinchu City and others.
LI MING DEVELOPMENT CONSTRUCTION CO., LTD. 
