Fu Hua Innovation Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 09, 2023 at 02:15 am IST
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Fu Hua Innovation 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 693.41 million compared to TWD 2,082.48 million a year ago. Net income was TWD 189.42 million compared to TWD 334.88 million a year ago. Basic earnings per share from continuing operations was TWD 0.5532 compared to TWD 1.1206 a year ago. Diluted earnings per share from continuing operations was TWD 0.5532 compared to TWD 1.1206 a year ago.
For the six months, sales was TWD 812.9 million compared to TWD 2,102.11 million a year ago. Net income was TWD 203.34 million compared to TWD 284.29 million a year ago. Basic earnings per share from continuing operations was TWD 0.5957 compared to TWD 0.9504 a year ago. Diluted earnings per share from continuing operations was TWD 0.5957 compared to TWD 0.9504 a year ago.
Fu Hua Innovation Co Ltd, formerly known as Zongtai Real Estate Development Co Ltd is a Taiwan-based company principally engaged in the sale of real estates. The Companyâs main business is to entrust construction companies to build residential buildings and commercial buildings for lease or sale, and to operate domestic and foreign civil engineering and water conservancy projects. The Company is mainly engaged in the leasing of residences, shops and shopping malls. The Company conducts land development and sales with Taichung City as its main market.
FU HUA INNOVATION CO., LTD. 
