Sun Yad Construction Co.,Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022 at 05:52 pm EST
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Sun Yad Construction Co.,Ltd reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 780.88 million compared to TWD 331.67 million a year ago. Net income was TWD 98.94 million compared to net loss of TWD 12.27 million a year ago. Basic earnings per share from continuing operations was TWD 0.5 compared to basic loss per share from continuing operations of TWD 0.08 a year ago. Diluted earnings per share from continuing operations was TWD 0.45. Basic earnings per share was TWD 0.5 compared to basic loss per share of TWD 0.08 a year ago. Diluted earnings per share was TWD 0.45.
For the nine months, sales was TWD 1,955.85 million compared to TWD 791.79 million a year ago. Net income was TWD 159.6 million compared to net loss of TWD 57.25 million a year ago. Basic earnings per share from continuing operations was TWD 0.8 compared to basic loss per share from continuing operations of TWD 0.38 a year ago. Diluted earnings per share from continuing operations was TWD 0.73. Basic earnings per share was TWD 0.8 compared to basic loss per share of TWD 0.38 a year ago. Diluted earnings per share was TWD 0.73.
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 
