Holiday Entertainment Co.,Ltd Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 11, 2020 at 04:19 pm EDT
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Holiday Entertainment Co.,Ltd announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was TWD 607.645 million compared to TWD 712.549 million a year ago. Operating income was TWD 84.899 million compared to TWD 137.392 million a year ago. Net income was TWD 76.916 million compared to TWD 179.503 million a year ago. Basic earnings per share was TWD 0.52 compared to TWD 1.22 a year ago. For the half year, total revenue was TWD 1,353.566 million compared to TWD 1,533.979 million a year ago. Operating income was TWD 278.192 million compared to TWD 370.318 million a year ago. Net income was TWD 301.867 million compared to TWD 480.896 million a year ago. Basic earnings per share was TWD 2.05 compared to TWD 3.26 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.