Tidehold Development Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 06, 2020 at 02:52 pm EDT
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Tidehold Development Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 108.878 million compared to TWD 33.708 million a year ago. Operating loss was TWD 2.305 million compared to TWD 4.450 million a year ago. Net income was TWD 16.971 million compared to TWD 5.056 million a year ago. Basic earnings per share was TWD 0.17 compared to TWD 0.05 a year ago. For the half year, sales was TWD 190.177 million compared to TWD 55.949 million a year ago. Operating loss was TWD 2.704 million compared to TWD 8.952 million a year ago. Net income was TWD 22.178 million compared to TWD 20.998 million a year ago. Basic earnings per share was TWD 0.23 compared to TWD 0.21 a year ago.
TIDEHOLD DEVELOPMENT CO., LTD. is a Taiwan-based company principally engaged in the trading of automobiles and construction materials. The Company mainly operates businesses through two segments. The Construction segment is engaged in the leasing and sales of shops and offices, as well as land development. The Trading segment is engaged in the trading of imported cars, special vehicles, such as garbage trucks and engineering cars, as well as construction materials, among others. The Company is also engaged in the leasing of properties and the leasing of passenger cars. The Company mainly operates businesses in the domestic market.
TIDEHOLD DEVELOPMENT CO., LTD. 
