Sun Yad Construction Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2020
May 12, 2020 at 04:01 pm EDT
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Sun Yad Construction Co.,Ltd announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 155.576 million compared to TWD 109.003 million a year ago. Operating loss was TWD 22.382 million compared to TWD 55.007 million a year ago. Net loss was TWD 51.632 million compared to TWD 49.878 million a year ago. Basic loss per share from continuing operations was TWD 0.31 compared to TWD 0.28 a year ago. Basic loss per share was TWD 0.32 compared to TWD 0.31 a year ago.
Sun Yad Construction Co Ltd is a Taiwan-based company mainly engaged in the investment, development and construction of real estate, as well as the manufacture and sale of resin and polyurethane (PU) synthetic leather. The real estate development and construction business is mainly engaged in the investment, development and trading of land, as well as the construction investment, design and trading of real estate. The main products of synthetic resins business include PU synthetic resin, PU adhesives, nylon resin and polyester polyols, among others. These products are mainly used for the manufacture of the PU synthetic leather and artificial leather for footwear, leather bags and clothes, as well as the manufacture of the waterproof nylon, such as raincoats, suitcases and tents. The PU synthetic leather business is mainly engaged in the manufacture and trading of plastic leather. The Company mainly distributes products in Taiwan as well as other parts of Asia.
SUN YAD CONSTRUCTION CO.,LTD 
