Full Wang revenue last month surged to NT$1.04bnBy Crystal Hsu / Staff reporterTaichung-based Full Wang International Development Co (富旺國際開發) reported that revenue for last month surged to NT$1.04 billion (US$36.5 million), thanks to the sale of an industrial property in Taoyuan and profit recognition from a new housing complex in central Taiwan. The land in Taoyuan generated NT$910 million in revenue, while a recently completed apartment complex contributed the remaining sum, it said. Full Wang International Development Co chairman Lin Cheng-hsiung is pictured on July 12, 2014, in Taipei. Photo: Lin Mei-feng, Taipei TimesFor the whole of last year, combined revenue totaled NT$3.2 billion, nearly doubling the level in 2019, Full Wang said. Sales of residential properties and industrial plots accounted for 74 and 25 percent of the company’s revenue respectively, Full Wang told an investors’ conference last month.

Source: Taipei Times January 14, 2021 15:56 UTC