HD Renewable Energy Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023 at 05:17 am EDT
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HD Renewable Energy Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 1,446.76 million compared to TWD 560.58 million a year ago. Net income was TWD 146.6 million compared to TWD 76.03 million a year ago. Basic earnings per share from continuing operations was TWD 1.47 compared to TWD 0.97 a year ago. Diluted earnings per share from continuing operations was TWD 1.46 compared to TWD 0.97 a year ago.
For the six months, sales was TWD 2,045.17 million compared to TWD 1,111.96 million a year ago. Net income was TWD 220.17 million compared to TWD 148.24 million a year ago. Basic earnings per share from continuing operations was TWD 2.32 compared to TWD 2.01 a year ago. Diluted earnings per share from continuing operations was TWD 2.31 compared to TWD 1.99 a year ago.
HD Renewable Energy Co Ltd is a Taiwan-based company mainly engaged in solar farm development, system planning, plant construction, maintenance and plant acquisition. The Company's main services are the development, design and engineering of various solar farms, site maintenance services, asset management services, and renewable energy sales. The Company's main products are solar photovoltaic system installations, which can be used for a wide range of applications such as people's livelihood, industrial use and various electricity demand sites. In addition to Taiwan, the Company also has power plants in Japan and the Philippines.