Tacheng Real Estate Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 09, 2022
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Tacheng Real Estate Co.,Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 1,560.23 million compared to TWD 9.4 million a year ago. Revenue was TWD 1,560.23 million compared to TWD 9.4 million a year ago. Net income was TWD 290.22 million compared to net loss of TWD 6.03 million a year ago. Basic earnings per share from continuing operations was TWD 2.9 compared to basic loss per share from continuing operations of TWD 0.06 a year ago. Diluted earnings per share from continuing operations was TWD 2.9 compared to diluted loss per share from continuing operations of TWD 0.06 a year ago.
For the nine months, sales was TWD 1,891.85 million compared to TWD 1,134.03 million a year ago. Revenue was TWD 1,891.85 million compared to TWD 1,134.03 million a year ago. Net income was TWD 346.58 million compared to TWD 224.69 million a year ago. Basic earnings per share from continuing operations was TWD 3.47 compared to TWD 2.25 a year ago. Diluted earnings per share from continuing operations was TWD 3.47 compared to TWD 2.25 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.