Tidehold Development Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 05, 2022 at 06:46 pm EDT
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Tidehold Development Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 34.7 million compared to TWD 146.42 million a year ago. Net loss was TWD 44.94 million compared to net income of TWD 92.08 million a year ago. Basic loss per share from continuing operations was TWD 0.46 compared to basic earnings per share from continuing operations of TWD 0.94 a year ago. Diluted loss per share from continuing operations was TWD 0.46 compared to diluted earnings per share from continuing operations of TWD 0.94 a year ago.
For the six months, sales was TWD 49.33 million compared to TWD 207.17 million a year ago. Net loss was TWD 43.47 million compared to net income of TWD 97.08 million a year ago. Basic loss per share from continuing operations was TWD 0.44 compared to basic earnings per share from continuing operations of TWD 0.99 a year ago. Diluted loss per share from continuing operations was TWD 0.44 compared to diluted earnings per share from continuing operations of TWD 0.99 a year ago.
TIDEHOLD DEVELOPMENT CO., LTD. is a Taiwan-based company principally engaged in the trading of automobiles and construction materials. The Company mainly operates businesses through two segments. The Construction segment is engaged in the leasing and sales of shops and offices, as well as land development. The Trading segment is engaged in the trading of imported cars, special vehicles, such as garbage trucks and engineering cars, as well as construction materials, among others. The Company is also engaged in the leasing of properties and the leasing of passenger cars. The Company mainly operates businesses in the domestic market.
TIDEHOLD DEVELOPMENT CO., LTD. 
