Hua Yu Lien Development Co., Ltd Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 07, 2019 at 11:43 am EST
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Hua Yu Lien Development Co. Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 102.086 million compared to TWD 636.377 million a year ago. Operating income was TWD 240,000 compared to TWD 107.287 million a year ago. Net loss was TWD 21.986 million compared to net income of TWD 67.741 million a year ago. Basic loss per share was TWD 0.23 compared to basic earnings per share of TWD 0.71 a year ago. For the nine months, sales was TWD 724.660 million compared to TWD 1,664.090 million a year ago. Operating income was TWD 92.968 million compared to TWD 310.127 million a year ago. Net income was TWD 27.776 million compared to TWD 233.373 million a year ago. Basic earnings per share was TWD 0.29 compared to TWD 2.44 a year ago.
HUA YU LIEN Development Co., LTD is a Taiwan-based company principally engaged in the sales of buildings and lands. The businesses of the Company include land acquisition, the construction of commercial buildings and residential properties, as well as the leasing and sales of buildings and lands. The properties under the Company include shops, shopping malls, residential buildings, offices and parking lots, among others. The Company operates businesses through two segments, including trading of properties segment and construction of properties segment. The Company mainly operates businesses in domestic market.