King's Town Construction Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 02:54 pm EST
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King's Town Construction Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 2,453.950 million compared to TWD 1,417.675 million a year ago. Operating income was TWD 630.788 million compared to TWD 450.319 million a year ago. Net income was TWD 538.606 million compared to TWD 381.304 million a year ago. Basic earnings per share was TWD 1.45 compared to TWD 0.99 a year ago. For the nine months, sales was TWD 6,377.779 million compared to TWD 3,841.485 million a year ago. Operating income was TWD 1,630.809 million compared to TWD 1,410.607 million a year ago. Net income was TWD 1,237.154 million compared to TWD 1,184.288 million a year ago. Basic earnings per share was TWD 3.28 compared to TWD 3.08 a year ago. Diluted earnings per share was TWD 3.27 compared to TWD 3.07 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.