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Taipei-based developer Radium Life Tech Co (日勝生) is this year seeking to boost its profitability by developing new presale and urban regeneration projects, as well as expand its sewage and waste water-treatment system business.
Radium’s statement came after a board meeting to review the company’s performance last year.
The developer reported consolidated revenue of NT$6.26 billion (US$226.39 million) last year, down 7.93 percent from NT$6.8 billion in 2020.
The developer has yet to release its earnings for last quarter.
In the first three quarters of last year, it reported a net loss of NT$168.77 million, compared with a net profit of NT$273.31 million
Taiwan shares surge to end above 14,300 points, led by tech sector
12/16/2020 06:04 PM
CNA file photo
Taipei, Dec. 16 (CNA) Shares in Taiwan moved sharply higher with buying seen across the board Wednesday as local investors took their cue from solid gains posted on U.S. markets overnight, amid optimism over the passage of the next stimulus package by lawmakers to address the economic impact of COVID-19, dealers said.
Buying in the local bellwether electronics sector increased, driving up the broader market on the back of an all-time high posted by the tech-heavy Nasdaq index on Tuesday, they said.
The weighted index on the Taiwan Stock Exchange (TWSE) or the Taiex ended up 235.94 points, or 1.68 percent, at 14,304.46, after moving between 14,145.24 and 14,339.50, on turnover of NT$249.93 billion (US$8.89 billion).