Li Ming Development Construction Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 11, 2020 at 03:05 pm EDT
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Li Ming Development Construction Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was TWD 958,000 compared to TWD 152.841 million a year ago. Operating loss was TWD 10.756 million compared to operating Income of TWD 6.216 million a year ago. Net loss was TWD 8.796 million compared to TWD 10.209 million a year ago. Basic loss per share was TWD 0.09 compared to TWD 0.1 a year ago. For the half year, total revenue was TWD 159.872 million compared to TWD 153.553 million a year ago. Operating income was TWD 3.018 million compared to operating loss of TWD 5.935 million a year ago. Net income was TWD 1.549 million compared to net loss of TWD 21.811 million a year ago. Basic earnings per share was TWD 0.02 compared to basic loss per share of TWD 0.21 a year ago.
L.M. Development Co., Ltd. is a Taiwan-based company principally engaged in the construction and building businesses. Its primary businesses include the development, construction, leasing and sales of properties, such as the residential and commercial buildings. The Company is also engaged in the wholesaling and retailing of construction materials and raw materials, as well as the landscape and interior design and decoration businesses. The Company is also involved in the provision of related management and labor services. The Company mainly operates its businesses in domestic markets, including Hsinchu City and others.
LI MING DEVELOPMENT CONSTRUCTION CO., LTD. 
