Li Ming Development Construction Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 12, 2022 at 03:59 am IST
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Li Ming Development Construction Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 0.676 million compared to TWD 1,768.04 million a year ago. Revenue was TWD 0.676 million compared to TWD 1,768.04 million a year ago. Net loss was TWD 8.68 million compared to net income of TWD 223.89 million a year ago. Basic loss per share from continuing operations was TWD 0.09 compared to basic earnings per share from continuing operations of TWD 2.2 a year ago. Diluted loss per share from continuing operations was TWD 0.09 compared to diluted earnings per share from continuing operations of TWD 2.19 a year ago.
For the nine months, sales was TWD 868.76 million compared to TWD 2,308.14 million a year ago. Revenue was TWD 868.76 million compared to TWD 2,308.14 million a year ago. Net income was TWD 81.05 million compared to TWD 263.42 million a year ago. Basic earnings per share from continuing operations was TWD 0.79 compared to TWD 2.58 a year ago. Diluted earnings per share from continuing operations was TWD 0.79 compared to TWD 2.58 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.