Leofoo Development Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 13, 2019 at 04:42 pm EDT
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Leofoo Development Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 488.450 million compared to TWD 480.293 million a year ago. Operating loss was TWD 324.914 million compared to TWD 42.504 million a year ago. Net loss was TWD 374.943 million compared to TWD 94.012 million a year ago. Basic loss per share from continuing operations was TWD 1.08 compared to TWD 0.15 a year ago. Basic loss per share was TWD 1.11 compared to TWD 0.28 a year ago. For the half year, sales was TWD 994.709 million compared to TWD 921.457 million a year ago. Operating loss was TWD 363.587 million compared to TWD 114.933 million a year ago. Net loss was TWD 459.353 million compared to TWD 927.990 million a year ago. Basic loss per share from continuing operations was TWD 1.27 compared to TWD 0.4 a year ago. Basic loss per share was TWD 1.35 compared to TWD 2.74 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. 
