Cathay Real Estate Development Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 01:00 am EST
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Cathay Real Estate Development Co.,Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 2,634.6 million compared to TWD 4,575.25 million a year ago. Net income was TWD 238.47 million compared to TWD 436.83 million a year ago. Basic earnings per share from continuing operations was TWD 0.21 compared to TWD 0.38 a year ago. Diluted earnings per share from continuing operations was TWD 0.21 compared to TWD 0.38 a year ago.
For the nine months, sales was TWD 9,445.25 million compared to TWD 7,974.08 million a year ago. Net income was TWD 795.6 million compared to TWD 114.12 million a year ago. Basic earnings per share from continuing operations was TWD 0.69 compared to TWD 0.1 a year ago. Diluted earnings per share from continuing operations was TWD 0.69 compared to TWD 0.1 a year ago.
CATHAY REAL ESTATE DEVELOPMENT CO., LTD. is a Taiwan-based company principally engaged in the property construction, development and distribution of residential buildings. The Company also provides leasing service and labor service. The Company's products mainly include elevator residential buildings. The Company conducts its businesses primarily in Taiwan.