- Business
- LongDa Construction & Development Corporation (5519.TW) engages in construction, civil engineering, real estate development, leasing, sales, and hotel operations primarily in Taiwan and Japan. Founded in 1982 and headquartered at 18F-1, No. 380, Minquan 2nd Road, Qianzhen District, Kaohsiung City, Taiwan, the company offers residential housing developments under the Phoenix brand including Phoenix Tianmu III, Phoenix Villa, Phoenix Xinyi, Phoenix Essence, Phoenix Ciaotou Science Park ONE, Phoenix Tianmu V, and Phoenix Joy; civil engineering projects such as tunnels, roads, bridges, subways, and public facilities; construction contracting for residential buildings, office buildings, schools, hospitals, industrial plants, and factories like Prosperity Tieh Enterprise-No. 4 Plating Plant; real estate leasing; and hotel management through subsidiary Phoenix Co., Ltd. in Japan. The company targets first-time buyers and owner-occupiers in urban and suburban areas with medium-priced residential products emphasizing quality, innovation, safety, and service. In recent developments, LongDa issued its first ordinary corporate bonds in 2024 (Long-Da 1, Bond Code: B85704) and secured ordinary corporate bonds worth NT$800 million in 2023; won the Pingtung County International Baseball Stadium project tender for NT$1.94 billion in 2023; reported 2024 revenue of NT$6.25 billion, up 43% from 2023, with net profit of NT$858 million and EPS of NT$3.90; and maintains operations through subsidiaries like Phoenix Co., Ltd. while focusing on selective private/public contracts and self-developed projects amid labor shortages and rising costs.