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FINWIRES

New Asia Construction Logs About NT$57 Million in Q1 Profit

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-- New Asia Construction and Development (TPE:2516) posted a profit attributable to owners of NT$56.5 million, or NT$0.25 per share, for the first quarter, according to a Tuesday filing with the Taiwan Stock Exchange.

Shares gained over 1% in Wednesday's midday trade.

Meanwhile, operating revenue stood at NT$1.62 billion.

The construction company did not provide comparative year-ago figures.

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