Sun Yad Technology Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 11, 2019 at 01:54 pm EST
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Sun Yad Technology Co. Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 127.151 million compared to TWD 171.557 million a year ago. Operating loss was TWD 44.348 million compared to TWD 16.119 million a year ago. Net loss was TWD 43.674 million compared to net income of TWD 22.355 million a year ago. Basic loss per share from continuing operations was TWD 0.26 compared to basic earnings per share from continuing operations of TWD 0.26 a year ago. Basic loss per share was TWD 0.28 compared to basic earnings per share of TWD 0.2 a year ago. Diluted eps - continuing operations was TWD 0 compared to TWD 0.26 a year ago. Diluted eps was TWD 0 compared to TWD 0.2 a year ago. For the nine months, sales was TWD 340.533 million compared to TWD 1,300.615 million a year ago. Operating loss was TWD 145.906 million compared to operating Income of TWD 203.241 million a year ago. Net loss was TWD 129.898 million compared to net income of TWD 254.661 million a year ago. Basic loss per share from continuing operations was TWD 0.75 compared to basic earnings per share from continuing operations of TWD 2.38 a year ago. Basic loss per share was TWD 0.81 compared to basic earnings per share of TWD 2.24 a year ago. Diluted eps - continuing operations was TWD 0 compared to TWD 2.37 a year ago. Diluted eps was TWD 0 compared to TWD 2.23 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 
