Ascent Development Co., Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 09, 2022
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Ascent Development Co., Ltd reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 155.99 million compared to TWD 122.06 million a year ago. Net income was TWD 56.46 million compared to TWD 46.83 million a year ago. Basic earnings per share from continuing operations was TWD 0.61 compared to TWD 0.51 a year ago. Diluted earnings per share from continuing operations was TWD 0.61 compared to TWD 0.51 a year ago. Basic earnings per share was TWD 0.65 compared to TWD 0.53 a year ago. Diluted earnings per share was TWD 0.65 compared to TWD 0.53 a year ago.
For the nine months, sales was TWD 455.45 million compared to TWD 497.66 million a year ago. Net income was TWD 105.92 million compared to TWD 73.05 million a year ago. Basic earnings per share from continuing operations was TWD 1.15 compared to TWD 0.79 a year ago. Diluted earnings per share from continuing operations was TWD 1.15 compared to TWD 0.79 a year ago. Basic earnings per share was TWD 1.29 compared to TWD 0.89 a year ago. Diluted earnings per share was TWD 1.29 compared to TWD 0.89 a year ago.
Ascent Development Co Ltd is a Taiwan-based company mainly engaged in the construction and leasing of industrial plants and residences. The main products are plant office buildings. The Company is also engaged in the sale of tops and preshrunk tops. The Company distributes its products in Taipei City, New Taipei City, Tainan City and Kaohsiung City.