Tidehold Development Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 11, 2019 at 04:52 pm
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Tidehold Development Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 33.708 million compared to TWD 10.635 million a year ago. Operating loss was TWD 4.450 million compared to TWD 7.270 million a year ago. Net income was TWD 5.056 million compared to TWD 2.256 million a year ago. Basic earnings per share was TWD 0.05 compared to TWD 0.02 a year ago. For the half year, sales was TWD 55.949 million compared to TWD 28.827 million a year ago. Operating loss was TWD 8.952 million compared to TWD 12.604 million a year ago. Net income was TWD 20.998 million compared to net loss of TWD 928,000 a year ago. Basic earnings per share was TWD 0.21 compared to basic loss per share of TWD 0.01 a year ago.
TIDEHOLD DEVELOPMENT CO., LTD. is a Taiwan-based company principally engaged in the trading of automobiles and construction materials. The Company mainly operates businesses through two segments. The Construction segment is engaged in the leasing and sales of shops and offices, as well as land development. The Trading segment is engaged in the trading of imported cars, special vehicles, such as garbage trucks and engineering cars, as well as construction materials, among others. The Company is also engaged in the leasing of properties and the leasing of passenger cars. The Company mainly operates businesses in the domestic market.