Well Glory Development Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 13, 2020 at 11:21 am EDT
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Well Glory Development Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 23.958 million compared to TWD 1,323.166 million a year ago. Operating loss was TWD 13.943 million compared to TWD 44.389 million a year ago. Net loss was TWD 15.801 million compared to TWD 57.267 million a year ago. Basic loss per share was TWD 0.18 compared to TWD 0.46 a year ago. For the half year, sales was TWD 131.304 million compared to TWD 1,468.541 million a year ago. Operating loss was TWD 18.726 million compared to TWD 88.288 million a year ago. Net loss was TWD 21.609 million compared to TWD 124.489 million a year ago. Basic loss per share was TWD 0.24 compared to TWD 1.09 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.