Shin Ruenn Development Co., Ltd Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 13, 2019 at 12:48 am IST
Share
Shin Ruenn development Co., LTD announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 128.854 million compared to TWD 95.374 million a year ago. Operating income was TWD 2.254 million compared to operating loss of TWD 21.986 million a year ago. Net loss was TWD 714,000 compared to TWD 30.298 million a year ago. Basic loss per share was TWD 0.01 compared to TWD 0.34 a year ago. For the half year, sales was TWD 280.454 million compared to TWD 236.081 million a year ago. Operating income was TWD 7.199 million compared to operating loss of TWD 47.868 million a year ago. Net loss was TWD 378,000 compared to TWD 65.810 million a year ago. Basic loss per share was TWD 0.01 compared to TWD 0.74 a year ago.
Shin Ruenn development Co., LTD is a Taiwan-based company mainly engaged in the construction and operation of real estates. The Company operates its businesses through entrusted construction of commercial and residential buildings, such as office buildings, exhibition halls and housings, as well as the sales of properties. It is also involved in the sales of gravels. The Company mainly conducts its businesses in domestic market.