Pacific Construction Co., Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 13, 2022
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Pacific Construction Co., Ltd reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 226.63 million compared to TWD 180.89 million a year ago. Net income was TWD 7.18 million compared to net loss of TWD 1.7 million a year ago. Basic earnings per share was TWD 0.02. Diluted earnings per share was TWD 0.02.
For the nine months, sales was TWD 653.95 million compared to TWD 1,448.75 million a year ago. Net income was TWD 751.75 million compared to TWD 90.85 million a year ago. Basic earnings per share was TWD 2.08 compared to TWD 0.25 a year ago. Diluted earnings per share was TWD 2.07 compared to TWD 0.25 a year ago.
PACIFIC CONSTRUCTION CO., LTD. is a Taiwan-based company principally engaged in construction businesses. The Company constructs buildings, apartments, shopping malls and villas. The buildings include advanced buildings, offices, suites, shops and parking lots. The apartments include residential and shop apartments. The shopping malls include department stores and boutique streets. The villas include community villas, vacation villas and others. The Company operates through five segments. Construction segment constructs and sells commercial buildings and residential properties. Leasing segment leases and sells commercial buildings and residential properties. Department Stores segment operates department stores and supermarkets. Property Management segment is engaged in the management of immovable properties. Investment segment is mainly engaged in investment advisory businesses.