Hi-Lai Foods Co., Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023 at 06:12 pm EDT
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Hi-Lai Foods 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 1,113.76 million compared to TWD 537.59 million a year ago. Net income was TWD 75.4 million compared to net loss of TWD 102.31 million a year ago. Basic earnings per share from continuing operations was TWD 1.79 compared to basic loss per share from continuing operations of TWD 2.42 a year ago. Diluted earnings per share from continuing operations was TWD 1.79 compared to diluted loss per share from continuing operations of TWD 2.42 a year ago.
For the six months, sales was TWD 2,409.49 million compared to TWD 1,574.22 million a year ago. Net income was TWD 202.54 million compared to net loss of TWD 59.55 million a year ago. Basic earnings per share from continuing operations was TWD 4.8 compared to basic loss per share from continuing operations of TWD 1.41 a year ago. Diluted earnings per share from continuing operations was TWD 4.79 compared to diluted loss per share from continuing operations of TWD 1.41 a year ago.
Hi-Lai Foods Co Ltd is a Taiwan-based company principally engaged in restaurant business. The Company operates Chinese restaurants, western restaurants, Japanese restaurants, lounges, cafes, and pastry shops, among others. The Company mainly provides meals, drinks, baking, gift items and others. The Company mainly operates its businesses within domestic markets.