Li Ming Development Construction Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 04:45 am IST
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Li Ming Development Construction 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 1.17 million compared to TWD 0.996 million a year ago. Revenue was TWD 1.17 million compared to TWD 0.996 million a year ago. Net loss was TWD 17.35 million compared to TWD 29.41 million a year ago. Basic loss per share from continuing operations was TWD 0.17 compared to TWD 0.29 a year ago. Diluted loss per share from continuing operations was TWD 0.17 compared to TWD 0.29 a year ago.
For the six months, sales was TWD 361.49 million compared to TWD 868.08 million a year ago. Revenue was TWD 361.49 million compared to TWD 868.08 million a year ago. Net income was TWD 71.01 million compared to TWD 89.73 million a year ago. Basic earnings per share from continuing operations was TWD 0.7 compared to TWD 0.88 a year ago. Diluted earnings per share from continuing operations was TWD 0.7 compared to TWD 0.88 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.