Te Chang Construction Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2018
November 12, 2018 at 09:22 am EST
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Te Chang Construction Co., Ltd. announced earnings results for the third quarter and nine months ended September 30, 2018. For the third quarter, the company announced Total operating revenue was TWD 1,540.365 million compared to TWD 939.097 million a year ago. Operating income was TWD 283.078 million compared to TWD 50.948 million a year ago. Net income was TWD 236.259 million compared to TWD 40.288 million a year ago. Diluted earnings per share were TWD 2.07 compared to TWD 0.31 a year ago. Profit from continuing operations before tax was TWD 294.249 million compared to TWD 47.662 million a year ago.
For the nine months, Total operating Revenues were TWD 3,390.905 million compared to TWD 2,689.514 million a year ago. Operating income was TWD 422.703 million compared to TWD 124.651 million a year ago. Net income was TWD 359.637 million compared to TWD 135.696 million a year ago. Diluted earnings per share were TWD 3.15 compared to TWD 1.06 a year ago. Profit from continuing operations before tax was TWD 469.936 million compared to TWD 194.261 million a year ago.
Te Chang Construction Co., Ltd. is a Taiwan-based company principally engaged in the general civil engineering and construction businesses. The Company is involved in the construction of residential buildings, government buildings, office buildings, schools, laboratories, hospitals, industrial buildings and others. It also involves in the construction of civil engineering projects, such as bridges, highways, landscaping, land remodeling, water and sewer projects and others. The Company operates its businesses in Taiwan market and overseas markets.