Te Chang Construction Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 08:53 am EDT
Share
Te Chang Construction Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 1,371.169 million compared to TWD 1,432.437 million a year ago. Operating income was TWD 70.195 million compared to TWD 149.881 million a year ago. Net income was TWD 118.906 million compared to TWD 125.592 million a year ago. Basic earnings per share was TWD 1.05 compared to TWD 1.11 a year ago. Diluted earnings per share was TWD 1.04 compared to TWD 1.1 a year ago. For the half year, sales was TWD 2,527.325 million compared to TWD 2,889.819 million a year ago. Operating income was TWD 150.684 million compared to TWD 300.100 million a year ago. Net income was TWD 189.325 million compared to TWD 259.077 million a year ago. Basic earnings per share was TWD 1.67 compared to TWD 2.28 a year ago. Diluted earnings per share was TWD 1.66 compared to TWD 2.27 a year ago.
Te Chang Construction Co., Ltd. is a Taiwan-based company principally engaged in the general civil engineering and construction businesses. The Company is involved in the construction of residential buildings, government buildings, office buildings, schools, laboratories, hospitals, industrial buildings and others. It also involves in the construction of civil engineering projects, such as bridges, highways, landscaping, land remodeling, water and sewer projects and others. The Company operates its businesses in Taiwan market and overseas markets.