Fong-Chien Construction Co.,Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 11, 2020 at 03:40 am IST
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Fong-Chien Construction Co.,Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 23.883 million compared to TWD 86.787 million a year ago. Operating loss was TWD 13.933 million compared to operating Income of TWD 22.089 million a year ago. Net loss was TWD 14.862 million compared to net income of TWD 18.608 million a year ago. Basic loss per share was TWD 0.1 compared to basic earnings per share of TWD 0.12 a year ago. For the half year, sales was TWD 39.039 million compared to TWD 129.367 million a year ago. Operating loss was TWD 24.373 million compared to operating Income of TWD 24.347 million a year ago. Net loss was TWD 28.491 million compared to net income of TWD 26.224 million a year ago. Basic loss per share was TWD 0.18 compared to basic earnings per share of TWD 0.17 a year ago.
FONG CHIEN CONSTRUCTION CO., LTD., formerly HUNG TU CONSTRUCTION CO., LTD., is a Taiwan-based company principally engaged in the real estate development business. The Companyâs primary business includes the entrusted construction of residential apartments, detached villas, communities, dormitories and commercial buildings, as well as the leasing and sales of residential buildings, parking lots and commercial properties. The Company mainly operates its business in the domestic market.