Li Ming Development Construction Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 13, 2019 at 12:54 am IST
Share
Li Ming Development Construction Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 152.841 million compared to TWD 1,197.396 million a year ago. Operating income was TWD 6.216 million compared to TWD 274.374 million a year ago. Net loss was TWD 10.209 million compared to net income of TWD 253.339 million a year ago. Basic loss per share was TWD 0.1 compared to basic earnings per share of TWD 2.48 a year ago. For the half year, sales was TWD 153.553 million compared to TWD 3,708.705 million a year ago. Operating loss was TWD 5.935 million compared to operating Income of TWD 817.944 million a year ago. Net loss was TWD 21.811 million compared to net income of TWD 764.994 million a year ago. Basic loss per share was TWD 0.21 compared to basic earnings per share of TWD 7.5 a year ago.
L.M. Development Co., Ltd. is a Taiwan-based company principally engaged in the construction and building businesses. Its primary businesses include the development, construction, leasing and sales of properties, such as the residential and commercial buildings. The Company is also engaged in the wholesaling and retailing of construction materials and raw materials, as well as the landscape and interior design and decoration businesses. The Company is also involved in the provision of related management and labor services. The Company mainly operates its businesses in domestic markets, including Hsinchu City and others.