Triocean Industrial Corporation Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 12, 2021
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Triocean Industrial Corporation Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 191.77 million compared to TWD 29.02 million a year ago. Revenue was TWD 191.77 million compared to TWD 29.02 million a year ago. Net income was TWD 11.35 million compared to net loss of TWD 70.78 million a year ago. Basic earnings per share from continuing operations was TWD 0.59 compared to basic loss per share from continuing operations of TWD 2.72 a year ago. Diluted earnings per share from continuing operations was TWD 0.46 compared to diluted loss per share from continuing operations of TWD 2.72 a year ago. Basic earnings per share was TWD 0.45 compared to basic loss per share of TWD 5.29 a year ago. Diluted earnings per share was TWD 0.36 compared to diluted loss per share of TWD 5.29 a year ago.
For the nine months, sales was TWD 384.48 million compared to TWD 35.7 million a year ago. Revenue was TWD 384.48 million compared to TWD 35.7 million a year ago. Net loss was TWD 1.29 million compared to TWD 278.33 million a year ago. Basic earnings per share from continuing operations was TWD 0.6 compared to basic loss per share from continuing operations of TWD 11.23 a year ago. Diluted earnings per share from continuing operations was TWD 0.48 compared to diluted loss per share from continuing operations of TWD 11.23 a year ago. Basic loss per share was TWD 0.05 compared to TWD 20.81 a year ago. Diluted loss per share was TWD 0.05 compared to TWD 20.81 a year ago.
Triocean Industrial Corporation Co Ltd is a Taiwan-based company mainly engaged in construction business. The Company's main business is to undertake projects commissioned by owners on a turnkey basis. The Company's business includes contracting repair/renovation projects, undertaking construction such as land preparation, infrastructure, installation of construction equipment, and construction, reconstruction, and repair of civil engineering projects. The Company undertakes residential projects, commercial buildings, public works, factories and other projects, including residences, dormitories, office buildings, hospitals, schools, civil bridges, factories and others.