Leofoo Development Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 09, 2020 at 05:37 pm EDT
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Leofoo Development Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 206.538 million compared to TWD 441.265 million a year ago. Operating loss was TWD 189.464 million compared to TWD 329.613 million a year ago. Net loss was TWD 149.188 million compared to TWD 374.943 million a year ago. Basic loss per share from continuing operations was TWD 0.74 compared to TWD 1.98 a year ago. Basic loss per share was TWD 0.8 compared to TWD 2.01 a year ago. For the half year, sales was TWD 491.182 million compared to TWD 898.223 million a year ago. Operating loss was TWD 335.925 million compared to TWD 374.053 million a year ago. Net loss was TWD 331.828 million compared to TWD 459.353 million a year ago. Basic loss per share from continuing operations was TWD 1.72 compared to TWD 2.38 a year ago. Basic loss per share was TWD 1.78 compared to TWD 2.46 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. 
