Taiwan Aries Co.,Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 11, 2019 at 07:53 am EST
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Taiwan Aries Co.,Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 34.390 million compared to TWD 30.181 million a year ago. Operating loss was TWD 2.003 million compared to operating Income of TWD 1.848 million a year ago. Net loss was TWD 1.149 million compared to net income of TWD 742,000 a year ago. Basic loss per share was TWD 0.02 compared to basic earnings per share of TWD 0.01 a year ago. For the nine months, sales was TWD 166.601 million compared to TWD 250.943 million a year ago. Operating income was TWD 13.877 million compared to TWD 30.929 million a year ago. Net income was TWD 12.612 million compared to TWD 19.595 million a year ago. Basic earnings per share was TWD 0.17 compared to TWD 0.26 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.