Farglory Land Development (TPE:5522) posted a net profit attributable to owners of NT$1.38 billion in the first quarter, or NT$1.76 per basic share, according to a Wednesday disclosure on the Taiwan Exchange.
Shares slid nearly 1% in Thursday's late morning trade.
The property developer did not provide comparative year-ago figures.
Operating revenue amounted to NT$5.66 billion, it said.