Forest Water Environmental Engineering Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 16, 2021 at 10:17 pm
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Forest Water Environmental Engineering Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was TWD 867.754 million compared to TWD 1,164.632 million a year ago. Operating income was TWD 68.428 million compared to TWD 158.269 million a year ago. Net loss was TWD 27.873 million compared to net income of TWD 74.453 million a year ago. Basic loss per share from continuing operations was TWD 0.21 compared to basic earnings per share from continuing operations of TWD 0.55 a year ago. Diluted loss per share from continuing operations was TWD 0.21 compared to diluted earnings per share from continuing operations of TWD 0.53 a year ago. For the half year, total revenue was TWD 2,045.680 million compared to TWD 2,259.184 million a year ago. Operating income was TWD 318.209 million compared to TWD 381.737 million a year ago. Net income was TWD 117.947 million compared to TWD 200.311 million a year ago. Basic earnings per share from continuing operations was TWD 0.87 compared to TWD 1.49 a year ago. Diluted earnings per share from continuing operations was TWD 0.85 compared to TWD 1.43 a year ago.
Forest Water Environmental Engineering Co Ltd is a Taiwan-based company primarily engaged in the construction of water treatment projects and the maintenance of water treatment operation. The water treatment project contract business includes the construction of the urban sewage sewer system and the industrial wastewater treatment plant. The water treatment operation maintenance includes the operation and maintenance of urban sewage sewer systems and industrial wastewater plants. The Company is also engaged in service concession business. It operates its business mainly in Taiwan.