Cathay Real Estate Development Co.,Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 11, 2022
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Cathay Real Estate Development Co.,Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 2,353.62 million compared to TWD 1,207.52 million a year ago. Net loss was TWD 100.1 million compared to TWD 304.24 million a year ago. Basic loss per share from continuing operations was TWD 0.09 compared to TWD 0.26 a year ago. Diluted loss per share from continuing operations was TWD 0.09 compared to TWD 0.26 a year ago.
For the six months, sales was TWD 3,398.83 million compared to TWD 3,967.47 million a year ago. Net loss was TWD 322.7 million compared to TWD 315.12 million a year ago. Basic loss per share from continuing operations was TWD 0.28 compared to TWD 0.27 a year ago. Diluted loss per share from continuing operations was TWD 0.28 compared to TWD 0.27 a year ago.
CATHAY REAL ESTATE DEVELOPMENT CO., LTD. is a Taiwan-based company principally engaged in the property construction, development and distribution of residential buildings. The Company also provides leasing service and labor service. The Company's products mainly include elevator residential buildings. The Company conducts its businesses primarily in Taiwan.