Kindom Development Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 08, 2022
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Kindom Development 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 4,444.71 million compared to TWD 4,545.33 million a year ago. Net income was TWD 325.42 million compared to TWD 555.71 million a year ago. Basic earnings per share was TWD 0.6 compared to TWD 1.02 a year ago. Diluted earnings per share was TWD 0.6 compared to TWD 1.02 a year ago.
For the nine months, sales was TWD 14,120.7 million compared to TWD 18,903.59 million a year ago. Net income was TWD 1,601.78 million compared to TWD 2,455.17 million a year ago. Basic earnings per share was TWD 2.95 compared to TWD 4.53 a year ago. Diluted earnings per share was TWD 2.94 compared to TWD 4.51 a year ago.
KINDOM DEVELOPMENT CO., LTD. formerly KINDOM CONSTRUCTION CORP. is a Taiwan-based company principally engaged in the development and construction business. The Company operates in three business segments. The Development segment is engaged in the development of residential and commercial buildings for rental and sales. The Construction segment is engaged in the construction engineering business, including the construction of enterprise headquarters, factories, hospitals and residential buildings, as well as the civil engineering business, including roads engineering and bridges engineering. The Department Stores segment is engaged in the operation of shopping centers. The Company mainly operates businesses in Taiwan.