Leofoo Development Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 11, 2020 at 04:40 pm EDT
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Leofoo Development Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 325.368 million compared to TWD 506.259 million a year ago. Operating loss was TWD 144.660 million compared to TWD 38.673 million a year ago. Net loss was TWD 182.640 million compared to TWD 84.410 million a year ago. Basic loss per share from continuing operations was TWD 0.98 compared to TWD 0.36 a year ago. Basic loss per share was TWD 0.98 compared to TWD 0.45 a year ago.
LEOFOO DEVELOPMENT CO., LTD. is a Taiwan-based company principally engaged in the operation of hotels and theme parks. The hotels operated by the Company include tourism hotels and resort hotels. Its resort hotels provide Chinese and foreign style restaurants, banquet halls, coffee shops, buffet, Japanese restaurants, Italian restaurants and bars, among others. Its theme parks provide attached restaurants and souvenir shops, among others. The Company is also involved in the operation of cinemas and parking lots. It mainly operates businesses in Taiwan market.
LEOFOO DEVELOPMENT CO., LTD. 
