Shanyuan Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023
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Shanyuan Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 25.33 million compared to TWD 24.16 million a year ago. Net loss was TWD 8.77 million compared to TWD 121.82 million a year ago. Basic loss per share from continuing operations was TWD 0.15 compared to TWD 2.11 a year ago. Diluted loss per share from continuing operations was TWD 0.15 compared to TWD 2.11 a year ago.
For the nine months, sales was TWD 74.47 million compared to TWD 71.17 million a year ago. Net loss was TWD 12.97 million compared to TWD 200.1 million a year ago. Basic loss per share from continuing operations was TWD 0.22 compared to TWD 3.48 a year ago. Diluted loss per share from continuing operations was TWD 0.22 compared to TWD 3.48 a year ago.
SHANYUAN CO., LTD is a Taiwan-based company principally engaged in the development, construction, sales and leasing of commercial, residential and industrial buildings, as well as the distribution of building materials. The Company is engaged in the construction of residential buildings, which include shops and underground parking lots, mainly in Taiwan. It is also engaged in the construction of industrial plants and commercial office buildings. The Company mainly conducts its businesses in Taiwan and Hongkong markets.