Lih Tai Construction Enterprise Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 12, 2019 at 02:13 am IST
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Lih Tai Construction Enterprise Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced total revenue was TWD 529.191 million compared to TWD 404.723 million a year ago. Operating income was TWD 31.232 million compared to operating loss of TWD 241,000 a year ago. Net income was TWD 32.710 million compared to TWD 13.482 million a year ago. Basic earnings per share was TWD 0.54 compared to TWD 0.2 a year ago. For the nine months, total revenue was TWD 1,494.489 million compared to TWD 1,279.554 million a year ago. Operating income was TWD 59.658 million compared to TWD 13.616 million a year ago. Net income was TWD 72.527 million compared to TWD 40.472 million a year ago. Basic earnings per share was TWD 1.2 compared to TWD 0.58 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.