Tidehold Development Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 05, 2023 at 12:08 am
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Tidehold Development Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 26.41 million compared to TWD 34.7 million a year ago. Net income was TWD 7.23 million compared to net loss of TWD 44.94 million a year ago. Basic earnings per share from continuing operations was TWD 0.07 compared to basic loss per share from continuing operations of TWD 0.46 a year ago. Diluted earnings per share from continuing operations was TWD 0.07 compared to diluted loss per share from continuing operations of TWD 0.46 a year ago.
For the six months, sales was TWD 64.8 million compared to TWD 49.33 million a year ago. Net income was TWD 19.01 million compared to net loss of TWD 43.47 million a year ago. Basic earnings per share from continuing operations was TWD 0.19 compared to basic loss per share from continuing operations of TWD 0.44 a year ago. Diluted earnings per share from continuing operations was TWD 0.19 compared to diluted loss per share from continuing operations of TWD 0.44 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.
TIDEHOLD DEVELOPMENT CO., LTD. 
