Shin Ruenn development Co., LTD Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 09, 2021
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Shin Ruenn development Co., LTD reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 74.24 million compared to TWD 91.61 million a year ago. Net loss was TWD 16.09 million compared to net income of TWD 19.77 million a year ago. Basic loss per share from continuing operations was TWD 0.12 compared to basic earnings per share from continuing operations of TWD 0.18 a year ago. Diluted loss per share from continuing operations was TWD 0.12 compared to diluted earnings per share from continuing operations of TWD 0.18 a year ago.
For the nine months, sales was TWD 3,972.13 million compared to TWD 1,478.62 million a year ago. Net income was TWD 432.52 million compared to TWD 187.85 million a year ago. Basic earnings per share from continuing operations was TWD 3.17 compared to TWD 1.72 a year ago. Diluted earnings per share from continuing operations was TWD 3.15 compared to TWD 1.71 a year ago.
Shin Ruenn development Co., LTD is a Taiwan-based company mainly engaged in the construction and operation of real estates. The Company operates its businesses through entrusted construction of commercial and residential buildings, such as office buildings, exhibition halls and housings, as well as the sales of properties. It is also involved in the sales of gravels. The Company mainly conducts its businesses in domestic market.