Li Ming Development Construction Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 10, 2022
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Li Ming Development Construction Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 0.996 million compared to TWD 0.711 million a year ago. Revenue was TWD 0.996 million compared to TWD 0.711 million a year ago. Net loss was TWD 29.41 million compared to TWD 11.86 million a year ago. Basic loss per share from continuing operations was TWD 0.29 compared to TWD 0.12 a year ago. Diluted loss per share from continuing operations was TWD 0.29 compared to TWD 0.12 a year ago.
For the six months, sales was TWD 868.08 million compared to TWD 540.1 million a year ago. Revenue was TWD 868.08 million compared to TWD 540.1 million a year ago. Net income was TWD 89.73 million compared to TWD 39.53 million a year ago. Basic earnings per share from continuing operations was TWD 0.88 compared to TWD 0.39 a year ago. Diluted earnings per share from continuing operations was TWD 0.88 compared to TWD 0.39 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.