Tidehold Development Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 04, 2021
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Tidehold Development Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 45.17 million compared to TWD 65.41 million a year ago. Net income was TWD 8.28 million compared to TWD 1.95 million a year ago. Basic earnings per share from continuing operations was TWD 0.08 compared to TWD 0.02 a year ago. Diluted earnings per share from continuing operations was TWD 0.08 compared to TWD 0.02 a year ago.
For the nine months, sales was TWD 252.34 million compared to TWD 255.59 million a year ago. Net income was TWD 105.36 million compared to TWD 24.13 million a year ago. Basic earnings per share from continuing operations was TWD 1.07 compared to TWD 0.25 a year ago. Diluted earnings per share from continuing operations was TWD 1.07 compared to TWD 0.25 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.