Kunyue Development Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 06:52 pm
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Kunyue Development Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was TWD 905.277 million compared to TWD 620.730 million a year ago. Operating income was TWD 188.249 million compared to TWD 128.608 million a year ago. Net income was TWD 174.183 million compared to TWD 120.137 million a year ago. Basic earnings per share was TWD 1.12 compared to TWD 0.77 a year ago. For the half year, total revenue was TWD 1,250.614 million compared to TWD 1,240.746 million a year ago. Operating income was TWD 250.981 million compared to TWD 270.629 million a year ago. Net income was TWD 231.206 million compared to TWD 261.152 million a year ago. Basic earnings per share was TWD 1.48 compared to TWD 1.67 a year ago.
Kunyue Development Co., Ltd. is a Taiwan-based company mainly engaged in the development, sales and leasing of real estates. The Companyâs primary businesses include the construction of residential buildings, commercial buildings, villas, public facilities and others. The Company is also involved in the provision of related maintenance services, including the structural engineering, water engineering, energy-saving projects, emergency power generation, external wall waterproofing, material testing and basement ventilation services. The Company mainly operates through two business segments: properties development business segment and construction business segment. The Company mainly operates its businesses in the central area of Taiwan.