Holiday Entertainment Co.,Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 08, 2023 at 05:17 pm EDT
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Holiday Entertainment Co.,Ltd reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 682.65 million compared to TWD 394.37 million a year ago. Net income was TWD 196 million compared to net loss of TWD 16.97 million a year ago. Basic earnings per share from continuing operations was TWD 2.32 compared to basic loss per share from continuing operations of TWD 0.17 a year ago. Diluted earnings per share from continuing operations was TWD 2.32 compared to diluted loss per share from continuing operations of TWD 0.17 a year ago.
For the six months, sales was TWD 1,434.15 million compared to TWD 1,055.19 million a year ago. Net income was TWD 439.15 million compared to TWD 141.09 million a year ago. Basic earnings per share from continuing operations was TWD 5.19 compared to TWD 1.42 a year ago. Diluted earnings per share from continuing operations was TWD 5.19 compared to TWD 1.42 a year ago.
Holiday Entertainment Co., Ltd is a Taiwan-based company principally engaged in the operation of commercial karaoke televisions (KTV) and provision of related services. The Company mainly operates by offering karaoke equipment and places for people to generate income. The Company is also engaged in the provision of food and beverage services. The Company mainly operates through two business segments: provision of singing and audio-visual equipment segment and copyright business segment. The Company mainly operates its businesses in Taiwan.