Li Ming Development Construction Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 10, 2023 at 03:20 am EST
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Li Ming Development Construction Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 8.95 million compared to TWD 0.676 million a year ago. Net loss was TWD 6.5 million compared to TWD 8.68 million a year ago. Basic loss per share from continuing operations was TWD 0.06 compared to TWD 0.09 a year ago. Diluted loss per share from continuing operations was TWD 0.06 compared to TWD 0.09 a year ago.
For the nine months, sales was TWD 370.45 million compared to TWD 868.76 million a year ago. Net income was TWD 64.51 million compared to TWD 81.05 million a year ago. Basic earnings per share from continuing operations was TWD 0.63 compared to TWD 0.79 a year ago. Diluted earnings per share from continuing operations was TWD 0.63 compared to TWD 0.79 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.