Fong-Chien Construction Co.,Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 12, 2018 at 01:26 pm IST
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Fong-Chien Construction Co.,LTD. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales was TWD 172.282 million compared to TWD 280.435 million a year ago. Operating income was TWD 16.734 million compared to TWD 37.023 million a year ago. Net income was TWD 14.467 million compared to TWD 25.273 million a year ago. Basic earnings per share was TWD 0.09 compared to TWD 0.19 a year ago.
For the nine months, sales was TWD 849.538 million compared to TWD 955.979 million a year ago. Operating income was TWD 112.736 million compared to TWD 138.059 million a year ago. Net income was TWD 100.253 million compared to TWD 98.247 million a year ago. Basic earnings per share was TWD 0.65 compared to TWD 0.81 a year ago. Diluted earnings per share was TWD 0.65 compared to TWD 0.76 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.