Hua Yu Lien Development Co., Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023 at 04:06 am EDT
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Hua Yu Lien Development 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 77.21 million compared to TWD 778.41 million a year ago. Net loss was TWD 13.11 million compared to net income of TWD 96.6 million a year ago. Basic loss per share from continuing operations was TWD 0.13 compared to basic earnings per share from continuing operations of TWD 1 a year ago. Diluted loss per share from continuing operations was TWD 0.13 compared to diluted earnings per share from continuing operations of TWD 0.77 a year ago.
For the six months, sales was TWD 100.08 million compared to TWD 783.63 million a year ago. Net loss was TWD 52.13 million compared to net income of TWD 49.55 million a year ago. Basic loss per share from continuing operations was TWD 0.54 compared to basic earnings per share from continuing operations of TWD 0.52 a year ago. Diluted loss per share from continuing operations was TWD 0.54 compared to diluted earnings per share from continuing operations of TWD 0.42 a year ago.
HUA YU LIEN Development Co., LTD is a Taiwan-based company principally engaged in the sales of buildings and lands. The businesses of the Company include land acquisition, the construction of commercial buildings and residential properties, as well as the leasing and sales of buildings and lands. The properties under the Company include shops, shopping malls, residential buildings, offices and parking lots, among others. The Company operates businesses through two segments, including trading of properties segment and construction of properties segment. The Company mainly operates businesses in domestic market.
HUA YU LIEN DEVELOPMENT CO., LTD 
