Leofoo Development Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 19, 2020 at 03:34 pm EDT
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Leofoo Development Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 2,226.820 million compared to TWD 2,024.588 million a year ago. Operating loss was TWD 341.806 million compared to TWD 138.795 million a year ago. Net loss was TWD 546.503 million compared to TWD 1,314.168 million a year ago. Basic loss per share from continuing operations was TWD 2.8 compared to TWD 1.23 a year ago. Basic loss per share was TWD 2.93 compared to TWD 7.05 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.