Te Chang Construction Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 10, 2022
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Te Chang Construction 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 2,027.13 million compared to TWD 1,519.32 million a year ago. Net income was TWD 88.48 million compared to TWD 67.5 million a year ago. Basic earnings per share from continuing operations was TWD 0.78 compared to TWD 0.6 a year ago. Diluted earnings per share from continuing operations was TWD 0.77 compared to TWD 0.59 a year ago.
For the six months, sales was TWD 3,958.44 million compared to TWD 2,628.81 million a year ago. Net income was TWD 222.46 million compared to TWD 126.47 million a year ago. Basic earnings per share from continuing operations was TWD 1.96 compared to TWD 1.11 a year ago. Diluted earnings per share from continuing operations was TWD 1.94 compared to TWD 1.11 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.