Tidehold Development Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 07, 2019 at 07:33 pm
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Tidehold Development Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 42.379 million compared to TWD 27.390 million a year ago. Operating loss was TWD 2.813 million compared to TWD 3.410 million a year ago. Net income was TWD 9.133 million compared to TWD 2.250 million a year ago. Basic earnings per share was TWD 0.09 compared to TWD 0.02 a year ago. For the nine months, sales was TWD 98.328 million compared to TWD 56.217 million a year ago. Operating loss was TWD 11.765 million compared to TWD 16.014 million a year ago. Net income was TWD 30.131 million compared to TWD 1.322 million a year ago. Basic earnings per share was TWD 0.31 compared to 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.