Triocean Industrial Corporation Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 13, 2022
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Triocean Industrial Corporation Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 226.73 million compared to TWD 191.77 million a year ago. Net loss was TWD 10.57 million compared to net income of TWD 3.34 million a year ago. Basic loss per share from continuing operations was TWD 0.42 compared to basic earnings per share from continuing operations of TWD 0.27 a year ago. Diluted loss per share from continuing operations was TWD 0.42 compared to diluted earnings per share from continuing operations of TWD 0.22 a year ago. Basic loss per share was TWD 0.42 compared to basic earnings per share of TWD 0.13 a year ago. Diluted loss per share was TWD 0.42 compared to diluted earnings per share of TWD 0.12 a year ago.
For the nine months, sales was TWD 683.37 million compared to TWD 384.48 million a year ago. Net income was TWD 1.32 million compared to net loss of TWD 24.1 million a year ago. Basic earnings per share from continuing operations was TWD 0.05 compared to basic loss per share from continuing operations of TWD 0.31 a year ago. Diluted earnings per share from continuing operations was TWD 0.05 compared to diluted loss per share from continuing operations of TWD 0.31 a year ago. Basic earnings per share was TWD 0.05 compared to basic loss per share of TWD 0.96 a year ago. Diluted earnings per share was TWD 0.05 compared to diluted loss per share of TWD 0.96 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. 
