Shanyuan Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 11, 2022 at 11:47 pm
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Shanyuan 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 24.16 million compared to TWD 21.34 million a year ago. Net loss was TWD 121.82 million compared to net income of TWD 1,137.21 million a year ago. Basic loss per share from continuing operations was TWD 2.11 compared to basic earnings per share from continuing operations of TWD 20.17 a year ago. Diluted loss per share from continuing operations was TWD 2.11 compared to diluted earnings per share from continuing operations of TWD 16.92 a year ago.
For the nine months, sales was TWD 71.17 million compared to TWD 68.19 million a year ago. Net loss was TWD 200.1 million compared to net income of TWD 1,078.38 million a year ago. Basic loss per share from continuing operations was TWD 3.48 compared to basic earnings per share from continuing operations of TWD 19.2 a year ago. Diluted loss per share from continuing operations was TWD 3.48 compared to diluted earnings per share from continuing operations of TWD 16.13 a year ago.
SHANYUAN CO., LTD is a Taiwan-based company principally engaged in the development, construction, sales and leasing of commercial, residential and industrial buildings, as well as the distribution of building materials. The Company is engaged in the construction of residential buildings, which include shops and underground parking lots, mainly in Taiwan. It is also engaged in the construction of industrial plants and commercial office buildings. The Company mainly conducts its businesses in Taiwan and Hongkong markets.