Well Glory Development Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 13, 2019 at 03:06 pm EDT
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Well Glory Development Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 1,323.166 million compared to TWD 64.629 million a year ago. Operating loss was TWD 44.389 million compared to TWD 35.576 million a year ago. Net loss was TWD 57.267 million compared to TWD 40.938 million a year ago. Basic loss per share was TWD 0.46 compared to TWD 0.39 a year ago. For the half year, sales was TWD 1,468.541 million compared to TWD 93.518 million a year ago. Operating loss was TWD 88.288 million compared to TWD 51.473 million a year ago. Net loss was TWD 124.489 million compared to TWD 63.497 million a year ago. Basic loss per share was TWD 1.09 compared to TWD 0.61 a year ago.
MEGA International Development Co Ltd, formerly Well-Glory Development Co Ltd, is engaged in the development, distribution and leasing of residential buildings, as well as commercial buildings. The Company provides villas, mansions, commercial buildings and congregate housing. The Company's real estate projects are constructed by construction contractors. The Company mainly provides its products and services in Taiwan.