Sun Yad Construction Co.,Ltd Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 11, 2020 at 12:12 pm EST
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Sun Yad Construction Co.,Ltd announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 138.963 million compared to TWD 127.151 million a year ago. Operating loss was TWD 1.676 million compared to TWD 44.348 million a year ago. Net income was TWD 102.727 million compared to net loss of TWD 43.674 million a year ago. Basic earnings per share from continuing operations was TWD 0.63 compared to basic loss per share from continuing operations of TWD 0.26 a year ago. Basic earnings per share was TWD 0.63 compared to basic loss per share of TWD 0.28 a year ago. Diluted earnings per share was TWD 0.56. For the nine months, sales was TWD 979.213 million compared to TWD 340.533 million a year ago. Operating loss was TWD 68.478 million compared to TWD 145.906 million a year ago. Net income was TWD 7.595 million compared to net loss of TWD 129.898 million a year ago. Basic earnings per share from continuing operations was TWD 0.11 compared to basic loss per share from continuing operations of TWD 0.75 a year ago. Basic earnings per share was TWD 0.05 compared to basic loss per share of TWD 0.81 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 
