Hua Yu Lien Development Co., Ltd Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 10, 2020 at 02:15 pm EST
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Hua Yu Lien Development Co. Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 846.425 million compared to TWD 102.086 million a year ago. Operating income was TWD 192.798 million compared to TWD 240,000 a year ago. Net income was TWD 171.886 million compared to net loss of TWD 21.986 million a year ago. Basic earnings per share was TWD 1.8 compared to basic loss per share of TWD 0.23 a year ago. Diluted earnings per share was TWD 1.66 compared to diluted loss per share of TWD 0.23 a year ago. For the nine months, sales was TWD 1,517.194 million compared to TWD 724.660 million a year ago. Operating income was TWD 303.592 million compared to TWD 92.968 million a year ago. Net income was TWD 232.421 million compared to TWD 27.776 million a year ago. Basic earnings per share was TWD 2.43 compared to TWD 0.29 a year ago. Diluted earnings per share was TWD 2.33 compared to TWD 0.29 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 
