Hi-Lai Foods Co., Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023 at 04:44 pm EST
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Hi-Lai Foods Co., Ltd reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 1,200 million compared to TWD 1,039.62 million a year ago. Net income was TWD 84.69 million compared to TWD 101.99 million a year ago. Basic earnings per share from continuing operations was TWD 2.01 compared to TWD 2.42 a year ago. Diluted earnings per share from continuing operations was TWD 2.01 compared to TWD 2.42 a year ago.
For the nine months, sales was TWD 3,609.49 million compared to TWD 2,613.83 million a year ago. Net income was TWD 287.23 million compared to TWD 42.45 million a year ago. Basic earnings per share from continuing operations was TWD 6.8 compared to TWD 1.01 a year ago. Diluted earnings per share from continuing operations was TWD 6.8 compared to TWD 1.01 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.