Tidehold Development Co. Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 11, 2018 at 12:03 pm EST
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Tidehold Development Co. Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales was TWD 27.390 million compared to TWD 12.593 million a year ago. Operating loss was TWD 3.410 million compared to TWD 4.336 million a year ago. Net income was TWD 2.250 million compared to TWD 788,000 a year ago. Basic earnings per share was TWD 0.02 compared to TWD 0.01 a year ago.
For the nine months, sales was TWD 56.217 million compared to TWD 37.723 million a year ago. Operating loss was TWD 16.014 million compared to TWD 13.180 million a year ago. Net income was TWD 1.322 million compared to TWD 880,000 a year ago. Basic earnings per share was TWD 0.01 compared to TWD 0.01 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. 
