Sun Brothers Development Co., Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023 at 04:51 am IST
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Sun Brothers Development Co., Limited reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 160.64 million compared to TWD 227.97 million a year ago. Net income was TWD 20.02 million compared to net loss of TWD 0.303 million a year ago. Basic earnings per share from continuing operations was TWD 0.24. Diluted earnings per share from continuing operations was TWD 0.22.
For the six months, sales was TWD 339.03 million compared to TWD 481.82 million a year ago. Net income was TWD 13.79 million compared to net loss of TWD 7.57 million a year ago. Basic earnings per share from continuing operations was TWD 0.17 compared to basic loss per share from continuing operations of TWD 0.09 a year ago. Diluted earnings per share from continuing operations was TWD 0.16.
Sun Brothers Development Co., Ltd. is a Taiwan-based company principally engaged in the development and sales of residences and buildings. The company is also engaged in the development, construction and leasing of real estates and the contract construction of public works. The Companyâs products mainly include residential and commercial buildings. The Company operates its business in domestic market.