Hsing-Fu Development Reports NT$8.084 Billion Profit in First Three Quarters, EPS Hits NT$3.83

According to its board approval today (Nov 12), Hsing-Fu Development (2542), Taiwan's leading homebuilder by revenue, posted a combined after-tax net profit of NT$8.084 billion for the first three quarters, with basic EPS of NT$3.83. The third quarter saw revenues of NT$47.192 billion, driven by the recognition of multiple large-scale projects completing and delivering in September. Cumulative year-to-date revenues increased 228.36% compared to the same period last year. The company's total assets reached NT$280.879 billion as of end-Q3, with total liabilities at NT$218.608 billion. Looking ahead, the fourth quarter is expected to see further revenue expansion from ongoing deliveries of projects including "Lavender Roland," "Art 1 Gallery," and "Windsor Castle," among others.
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