Kindom Development Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 11, 2020 at 04:23 pm EST
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Kindom Development Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 4,705.176 million compared to TWD 2,968.068 million a year ago. Net income was TWD 409.052 million compared to TWD 262.053 million a year ago. Basic earnings per share was TWD 0.83 compared to TWD 0.53 a year ago. For the nine months, sales was TWD 13,772.487 million compared to TWD 9,142.982 million a year ago. Net income was TWD 1,196.025 million compared to TWD 493.597 million a year ago. Basic earnings per share was TWD 2.43 compared to TWD 1 a year ago. Diluted earnings per share was TWD 2.42 compared to TWD 1 a year ago.
KINDOM DEVELOPMENT CO., LTD. formerly KINDOM CONSTRUCTION CORP. is a Taiwan-based company principally engaged in the development and construction business. The Company operates in three business segments. The Development segment is engaged in the development of residential and commercial buildings for rental and sales. The Construction segment is engaged in the construction engineering business, including the construction of enterprise headquarters, factories, hospitals and residential buildings, as well as the civil engineering business, including roads engineering and bridges engineering. The Department Stores segment is engaged in the operation of shopping centers. The Company mainly operates businesses in Taiwan.