Triocean Industrial Corporation Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 14, 2022
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Triocean Industrial Corporation 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 253.75 million compared to TWD 167.49 million a year ago. Net income was TWD 7.45 million compared to net loss of TWD 11.89 million a year ago. Basic earnings per share from continuing operations was TWD 0.3 compared to basic loss per share from continuing operations of TWD 0.29 a year ago. Diluted earnings per share from continuing operations was TWD 0.3 compared to diluted loss per share from continuing operations of TWD 0.29 a year ago. Basic earnings per share was TWD 0.3 compared to basic loss per share of TWD 0.48 a year ago. Diluted earnings per share was TWD 0.3 compared to diluted loss per share of TWD 0.48 a year ago.
For the six months, sales was TWD 456.64 million compared to TWD 192.71 million a year ago. Net income was TWD 11.9 million compared to net loss of TWD 27.44 million a year ago. Basic earnings per share from continuing operations was TWD 0.47 compared to basic loss per share from continuing operations of TWD 0.58 a year ago. Diluted earnings per share from continuing operations was TWD 0.47 compared to diluted loss per share from continuing operations of TWD 0.58 a year ago. Basic earnings per share was TWD 0.48 compared to basic loss per share of TWD 1.1 a year ago. Diluted earnings per share was TWD 0.48 compared to diluted loss per share of TWD 1.1 a year ago.
Triocean Industrial Corporation Co Ltd is a Taiwan-based company mainly engaged in construction business. The Company's main business is to undertake projects commissioned by owners on a turnkey basis. The Company's business includes contracting repair/renovation projects, undertaking construction such as land preparation, infrastructure, installation of construction equipment, and construction, reconstruction, and repair of civil engineering projects. The Company undertakes residential projects, commercial buildings, public works, factories and other projects, including residences, dormitories, office buildings, hospitals, schools, civil bridges, factories and others.
TRIOCEAN INDUSTRIAL CORPORATION CO., LTD. 
