Zongtai Real Estate Development Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 11, 2021
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ZongTai Real Estate Development Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 25.183 million compared to TWD 56.098 million a year ago. Operating loss was TWD 47.667 million compared to TWD 17.034 million a year ago. Net loss was TWD 40.673 million compared to TWD 8.393 million a year ago. Basic loss per share was TWD 0.19 compared to TWD 0.04 a year ago. For the half year, sales was TWD 3,593.209 million compared to TWD 1,607.936 million a year ago. Operating income was TWD 905.953 million compared to TWD 293.330 million a year ago. Net income was TWD 721.955 million compared to TWD 241.746 million a year ago. Basic earnings per share was TWD 3.43 compared to TWD 1.16 a year ago. Diluted earnings per share was TWD 3.41 compared to TWD 1.15 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. 
