Shin Ruenn Development Co., Ltd Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 05:29 pm EDT
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Shin Ruenn development Co., LTD announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 276.009 million compared to TWD 128.854 million a year ago. Operating income was TWD 30.854 million compared to TWD 2.254 million a year ago. Net income was TWD 20.573 million compared to net loss of TWD 714,000 a year ago. Basic earnings per share was TWD 0.21 compared to basic loss per share of TWD 0.01 a year ago. Diluted earnings per share was TWD 0.2 compared to diluted loss per share of TWD 0.01 a year ago. For the half year, sales was TWD 1,387.017 million compared to TWD 280.454 million a year ago. Operating income was TWD 221.988 million compared to TWD 7.199 million a year ago. Net income was TWD 168.081 million compared to net loss of TWD 378,000 a year ago. Basic earnings per share was TWD 1.68 compared to basic loss per share of TWD 0.01 a year ago. Diluted earnings per share was TWD 1.67 compared to diluted loss per share of TWD 0.01 a year ago.
Shin Ruenn development Co., LTD is a Taiwan-based company mainly engaged in the construction and operation of real estates. The Company operates its businesses through entrusted construction of commercial and residential buildings, such as office buildings, exhibition halls and housings, as well as the sales of properties. It is also involved in the sales of gravels. The Company mainly conducts its businesses in domestic market.
SHIN RUENN DEVELOPMENT CO., LTD 
