Shin Ruenn development Co., LTD Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 03:54 am EST
Share
Shin Ruenn development 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 511.85 million compared to TWD 18.61 million a year ago. Net income was TWD 78.78 million compared to net loss of TWD 22.81 million a year ago. Basic earnings per share from continuing operations was TWD 0.53 compared to basic loss per share from continuing operations of TWD 0.15 a year ago. Diluted earnings per share from continuing operations was TWD 0.52 compared to diluted loss per share from continuing operations of TWD 0.15 a year ago.
For the nine months, sales was TWD 1,036.14 million compared to TWD 21.39 million a year ago. Net income was TWD 128.98 million compared to net loss of TWD 100.75 million a year ago. Basic earnings per share from continuing operations was TWD 0.86 compared to basic loss per share from continuing operations of TWD 0.69 a year ago. Diluted earnings per share from continuing operations was TWD 0.86 compared to diluted loss per share from continuing operations of TWD 0.69 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.