Lih Tai Construction Enterprise Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 05:18 pm IST
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Lih Tai Construction Enterprise Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was TWD 678.760 million compared to TWD 529.191 million a year ago. Operating income was TWD 97.862 million compared to TWD 31.232 million a year ago. Net income was TWD 78.522 million compared to TWD 32.710 million a year ago. Basic earnings per share was TWD 1.31 compared to TWD 0.54 a year ago. Diluted earnings per share was TWD 1.29 compared to TWD 0.54 a year ago. For the nine months, total revenue was TWD 1,930.864 million compared to TWD 1,494.489 million a year ago. Operating income was TWD 252.645 million compared to TWD 59.658 million a year ago. Net income was TWD 202.104 million compared to TWD 72.527 million a year ago. Basic earnings per share was TWD 3.35 compared to TWD 1.2 a year ago. Diluted earnings per share was TWD 3.33 compared to TWD 1.2 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.