Lih Tai Construction Enterprise Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 12, 2019 at 11:56 pm IST
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Lih Tai Construction Enterprise Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 489.315 million compared to TWD 387.864 million a year ago. Operating income was TWD 23.051 million compared to TWD 9.040 million a year ago. Net income was TWD 29.644 million compared to TWD 12.056 million a year ago. Basic earnings per share was TWD 0.5 compared to TWD 0.17 a year ago. Diluted earnings per share was TWD 0.49 compared to TWD 0.17 a year ago. For the half year, sales was TWD 880.465 million compared to TWD 796.535 million a year ago. Operating income was TWD 28.426 million compared to TWD 13.857 million a year ago. Net income was TWD 39.817 million compared to TWD 26.990 million a year ago. Basic earnings per share was TWD 0.66 compared to TWD 0.38 a year ago. Diluted earnings per share was TWD 0.65 compared to TWD 0.38 a year ago.
Lih Tai Construction Enterprise Co., Ltd. is a Taiwan-based company principally engaged in the production and distribution of ready-mix concrete. The Companyâs primary products include ordinary concrete products, high-intensity concrete products and high performance concrete products, which are mainly applied in the construction of residential buildings, factories, roads, bridges, airports and marine projects. The Company is also involved in the provision of cement and other products.