Lih Tai Construction Enterprise Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 12, 2022 at 03:51 am IST
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Lih Tai Construction Enterprise Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 726.28 million compared to TWD 630.35 million a year ago. Revenue was TWD 790.52 million compared to TWD 686.28 million a year ago. Net income was TWD 87.37 million compared to TWD 80.08 million a year ago. Basic earnings per share from continuing operations was TWD 1.45 compared to TWD 1.33 a year ago. Diluted earnings per share from continuing operations was TWD 1.44 compared to TWD 1.31 a year ago.
For the six months, sales was TWD 1,492.33 million compared to TWD 1,191.46 million a year ago. Revenue was TWD 1,611.97 million compared to TWD 1,295.55 million a year ago. Net income was TWD 186.81 million compared to TWD 159.3 million a year ago. Basic earnings per share from continuing operations was TWD 3.1 compared to TWD 2.64 a year ago. Diluted earnings per share from continuing operations was TWD 3.08 compared to TWD 2.62 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.