HD Renewable Energy Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 02:26 am EST
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HD Renewable Energy Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 975.53 million compared to TWD 757.57 million a year ago. Net income was TWD 92.59 million compared to TWD 61.15 million a year ago. Basic earnings per share from continuing operations was TWD 0.93 compared to TWD 0.72 a year ago. Diluted earnings per share from continuing operations was TWD 0.92 compared to TWD 0.71 a year ago.
For the nine months, sales was TWD 3,020.7 million compared to TWD 1,869.53 million a year ago. Net income was TWD 312.77 million compared to TWD 209.39 million a year ago. Basic earnings per share from continuing operations was TWD 3.23 compared to TWD 2.7 a year ago. Diluted earnings per share from continuing operations was TWD 3.22 compared to TWD 2.68 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.