Leofoo Development Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 12, 2019 at 12:41 pm EST
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Leofoo Development Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 609.877 million compared to TWD 555.935 million a year ago. Operating loss was TWD 18.922 million compared to TWD 38.724 million a year ago. Net loss was TWD 34.078 million compared to TWD 136.976 million a year ago. Basic loss per share from continuing operations was TWD 0.23 compared to TWD 0.26 a year ago. Basic loss per share was TWD 0.18 compared to TWD 0.73 a year ago. For the nine months, sales was TWD 1,604.586 million compared to TWD 1,477.392 million a year ago. Operating loss was TWD 382.509 million compared to TWD 153.657 million a year ago. Net loss was TWD 493.431 million compared to TWD 1,064.966 million a year ago. Basic loss per share from continuing operations was TWD 2.55 compared to TWD 0.99 a year ago. Basic loss per share was TWD 2.65 compared to TWD 5.71 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. 
