Li Ming Development Construction Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 10, 2019 at 01:54 pm EST
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Li Ming Development Construction Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced total revenue was TWD 710,000 compared to TWD 76.369 million a year ago. Operating loss was TWD 8.392 million compared to TWD 323,000 a year ago. Net loss was TWD 7.155 million compared to net income of TWD 726,000 a year ago. Basic loss per share was TWD 0.07 compared to basic earnings per share of TWD 0.01 a year ago. For the nine months, total revenue was TWD 154.263 million compared to TWD 3,785.074 million a year ago. Operating loss was TWD 14.327 million compared to operating Income of TWD 817.621 million a year ago. Net loss was TWD 28.966 million compared to net income of TWD 765.720 million a year ago. Basic loss per share was TWD 0.28 compared to basic earnings per share of TWD 7.51 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.