King's Town Construction Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 13, 2023
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King's Town Construction Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 479.63 million compared to TWD 813.73 million a year ago. Revenue was TWD 479.63 million compared to TWD 813.64 million a year ago. Net loss was TWD 12.68 million compared to net income of TWD 120.39 million a year ago. Basic loss per share from continuing operations was TWD 0.03 compared to basic earnings per share from continuing operations of TWD 0.32 a year ago. Diluted loss per share from continuing operations was TWD 0.03 compared to diluted earnings per share from continuing operations of TWD 0.32 a year ago.
For the six months, sales was TWD 867.58 million compared to TWD 1,798.99 million a year ago. Revenue was TWD 867.58 million compared to TWD 1,798.9 million a year ago. Net income was TWD 48.37 million compared to TWD 358.78 million a year ago. Basic earnings per share from continuing operations was TWD 0.13 compared to TWD 0.97 a year ago. Diluted earnings per share from continuing operations was TWD 0.13 compared to TWD 0.96 a year ago.
King's Town Construction Co., LTD. is a Taiwan-based company principally engaged in the sales of buildings and lands. The Company is engaged in the construction of commercial buildings, residential buildings and car parks for sale and for rental. Its projects include JUDAN, SHUISENLIN, HULIFANG and TIANFENG, among others. The Company is also engaged in the operation of hotels and restaurants through one of its subsidiaries. The Company operates businesses in Kaohsiung City, Tainan County and Pingtung County of Taiwan.