Pacific Construction Co., Ltd Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 10, 2020 at 06:47 pm EST
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Pacific Construction Co. Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 269.222 million compared to TWD 242.857 million a year ago. Operating loss was TWD 58.319 million compared to operating Income of TWD 24.489 million a year ago. Net loss was TWD 66.132 million compared to net income of TWD 42.187 million a year ago. Basic loss per share was TWD 0.18 compared to basic earnings per share of TWD 0.12 a year ago. For the nine months, sales was TWD 631.001 million compared to TWD 617.288 million a year ago. Operating loss was TWD 126.781 million compared to TWD 13.069 million a year ago. Net loss was TWD 144.423 million compared to TWD 44.196 million a year ago. Basic loss per share was TWD 0.4 compared to TWD 0.12 a year ago.
PACIFIC CONSTRUCTION CO., LTD. is a Taiwan-based company principally engaged in construction businesses. The Company constructs buildings, apartments, shopping malls and villas. The buildings include advanced buildings, offices, suites, shops and parking lots. The apartments include residential and shop apartments. The shopping malls include department stores and boutique streets. The villas include community villas, vacation villas and others. The Company operates through five segments. Construction segment constructs and sells commercial buildings and residential properties. Leasing segment leases and sells commercial buildings and residential properties. Department Stores segment operates department stores and supermarkets. Property Management segment is engaged in the management of immovable properties. Investment segment is mainly engaged in investment advisory businesses.