Pacific Construction Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
May 09, 2022
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Pacific Construction Co., Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 198.91 million compared to TWD 1,049.39 million a year ago. Net loss was TWD 48.12 million compared to net income of TWD 144.07 million a year ago. Basic loss per share from continuing operations was TWD 0.13 compared to basic earnings per share from continuing operations of TWD 0.4 a year ago. Diluted loss per share from continuing operations was TWD 0.13 compared to diluted earnings per share from continuing operations of TWD 0.4 a year ago.
PACIFIC CONSTRUCTION CO., LTD. is a Taiwan-based company principally engaged in construction businesses. The Company constructs buildings, apartments, shopping malls and villas. The buildings include advanced buildings, offices, suites, shops and parking lots. The apartments include residential and shop apartments. The shopping malls include department stores and boutique streets. The villas include community villas, vacation villas and others. The Company operates through five segments. Construction segment constructs and sells commercial buildings and residential properties. Leasing segment leases and sells commercial buildings and residential properties. Department Stores segment operates department stores and supermarkets. Property Management segment is engaged in the management of immovable properties. Investment segment is mainly engaged in investment advisory businesses.