Farglory Profit Rises, Sakura Development Profit Falls in Third Quarter
Farglory Land Development lifted third-quarter net profit to NT$2.12 billion, while Sakura Development's fell to NT$305.3 million, per Taiwan Stock Exchange data.
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what happened
Property developer Farglory Land Development reported third-quarter results for the period ended September 30. Net profit came in at NT$2.12 billion, up from NT$1.82 billion a year earlier. Revenue rose to NT$11.79 billion from NT$8.70 billion, and basic earnings per share reached 2.71 compared with 2.32.
Sakura Development posted a sharp drop instead. Net profit fell to NT$305.3 million from NT$866.0 million, while revenue declined to NT$1.13 billion from NT$2.94 billion. Earnings per share were 0.21, down from 0.59.
The figures were published by Dow Jones Newswires, based on filings with the Taiwan Stock Exchange.
why it matters
Quarterly results at Taiwanese developers often depend on when projects are handed over to buyers, so one-off swings in profit are common. These two reports are unlikely to move the broader Taiex index, but they show how results diverge within the real estate sector.
tags
instruments
sources
- Table: Farglory Land Development 3Q Net Profit NT$2.12B Vs NT$1.82B — Dow Jones Newswires, 13 November 2026 at 05:32 UTC
- Table: Sakura Development 3Q Net Profit NT$305.3M Vs NT$866.0M — Dow Jones Newswires, 13 November 2026 at 05:29 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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