Leofoo Development Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 08:03 am EST
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Leofoo Development Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 580.055 million compared to TWD 561.170 million a year ago. Operating income was TWD 33.414 million compared to operating loss of TWD 24.592 million a year ago. Net income was TWD 14.413 million compared to net loss of TWD 34.078 million a year ago. Basic eps - continuing operations was TWD 0 compared to basic loss per share from continuing operations of TWD 0.26 a year ago. Basic earnings per share was TWD 0.08 compared to basic loss per share of TWD 0.18 a year ago. For the nine months, sales was TWD 1,071.237 million compared to TWD 1,459.393 million a year ago. Operating loss was TWD 302.511 million compared to TWD 398.645 million a year ago. Net loss was TWD 317.415 million compared to TWD 493.431 million a year ago. Basic loss per share from continuing operations was TWD 1.72 compared to TWD 2.64 a year ago. Basic loss per share was TWD 1.7 compared to TWD 2.65 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.