Pacific Construction Co., Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 08, 2022
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Pacific Construction 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 228.42 million compared to TWD 218.47 million a year ago. Net income was TWD 792.69 million compared to net loss of TWD 51.52 million a year ago. Basic earnings per share from continuing operations was TWD 2.19 compared to basic loss per share from continuing operations of TWD 0.14 a year ago. Diluted earnings per share from continuing operations was TWD 2.18 compared to diluted loss per share from continuing operations of TWD 0.14 a year ago.
For the six months, sales was TWD 427.32 million compared to TWD 1,267.86 million a year ago. Net income was TWD 744.57 million compared to TWD 92.55 million a year ago. Basic earnings per share from continuing operations was TWD 2.06 compared to TWD 0.26 a year ago. Diluted earnings per share from continuing operations was TWD 2.05 compared to TWD 0.26 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.