Tacheng Real Estate Co.,Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 11, 2022
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Tacheng Real Estate 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 0.463 million compared to TWD 89.28 million a year ago. Revenue was TWD 0.463 million compared to TWD 89.28 million a year ago. Net loss was TWD 14.18 million compared to net income of TWD 13.94 million a year ago. Basic loss per share from continuing operations was TWD 0.1386 compared to basic earnings per share from continuing operations of TWD 0.1386 a year ago. Diluted loss per share from continuing operations was TWD 0.1386 compared to diluted earnings per share from continuing operations of TWD 0.1386 a year ago.
For the six months, sales was TWD 331.62 million compared to TWD 1,124.62 million a year ago. Revenue was TWD 331.62 million compared to TWD 1,124.62 million a year ago. Net income was TWD 56.36 million compared to TWD 230.72 million a year ago. Basic earnings per share from continuing operations was TWD 0.5633 compared to TWD 2.305 a year ago. Diluted earnings per share from continuing operations was TWD 0.5633 compared to TWD 2.305 a year ago.
Tacheng Real Estate Co Ltd, formerly Taiwan Aries Co Ltd, is a Taiwan-based company principally engaged in the development, sale and leasing of residential buildings. The Company is mainly engaged in the development, construction, trading and leasing of residential buildings and commercial buildings, the wholesale and retail of construction materials, as well as the provision of landscape design and interior design services. The Company mainly operates in Taiwan market.