Triocean Industrial Corporation Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023 at 04:24 am EST
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Triocean Industrial Corporation Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 542.98 million compared to TWD 226.73 million a year ago. Net income was TWD 62.3 million compared to net loss of TWD 11.51 million a year ago. Basic earnings per share from continuing operations was TWD 1.55 compared to basic loss per share from continuing operations of TWD 0.46 a year ago. Diluted earnings per share from continuing operations was TWD 1.55 compared to diluted loss per share from continuing operations of TWD 0.46 a year ago. Basic earnings per share was TWD 1.55 compared to basic loss per share of TWD 0.46 a year ago. Diluted earnings per share was TWD 1.55 compared to diluted loss per share of TWD 0.46 a year ago.
For the nine months, sales was TWD 1,337.19 million compared to TWD 683.37 million a year ago. Net income was TWD 92.5 million compared to net loss of TWD 1.72 million a year ago. Basic earnings per share from continuing operations was TWD 3.07 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 3.06 compared to diluted loss per share from continuing operations of TWD 0.08 a year ago. Basic earnings per share was TWD 3.07 compared to basic loss per share of TWD 0.07 a year ago. Diluted earnings per share was TWD 3.06 compared to diluted loss per share of TWD 0.07 a year ago.
Triocean Industrial Corporation Co Ltd, formerly Tri Ocean Textile Co., Ltd., is a Taiwan-based company engaged in the construction business. The Company primarily undertakes projects on a turnkey contract basis. The Company involved in construction of projects include residential projects, including government housing and dormitory projects; commercial and office buildings, including office buildings, hospitals, and schools; public works, including mass rapid transit projects, highways, civil engineering, and bridge projects; as well as factory construction and other special projects.