Sun Yad Construction Co.,Ltd Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 11, 2020 at 04:20 pm EDT
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Sun Yad Construction Co.,Ltd announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 684.674 million compared to TWD 104.379 million a year ago. Operating loss was TWD 44.420 million compared to TWD 46.551 million a year ago. Net loss was TWD 43.500 million compared to TWD 36.346 million a year ago. Basic loss per share from continuing operations was TWD 0.22 compared to TWD 0.21 a year ago. Basic loss per share was TWD 0.27 compared to TWD 0.22 a year ago. For the half year, sales was TWD 840.250 million compared to TWD 213.382 million a year ago. Operating loss was TWD 66.802 million compared to TWD 101.558 million a year ago. Net loss was TWD 95.132 million compared to TWD 86.224 million a year ago. Basic loss per share from continuing operations was TWD 0.52 compared to TWD 0.49 a year ago. Basic loss per share was TWD 0.58 compared to TWD 0.53 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 
