Sino Tactful Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 11, 2020 at 03:36 pm EDT
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Sino Tactful Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 21.842 million compared to TWD 24.350 million a year ago. Operating loss was TWD 25.710 million compared to TWD 16.236 million a year ago. Net income was TWD 492.928 million compared to net loss of TWD 140.102 million a year ago. Basic earnings per share was TWD 6.87 compared to basic loss per share of TWD 1.93 a year ago. Diluted earnings per share was TWD 6.8 compared to diluted loss per share of TWD 1.93 a year ago. For the half year, sales was TWD 45.228 million compared to TWD 47.808 million a year ago. Operating loss was TWD 32.252 million compared to TWD 29.099 million a year ago. Net income was TWD 478.709 million compared to net loss of TWD 144.134 million a year ago. Basic earnings per share was TWD 6.63 compared to basic loss per share of TWD 1.99 a year ago. Diluted earnings per share was TWD 6.56 compared to diluted loss per share of TWD 1.99 a year ago.
SINO TACTFUL CO., LTD., formerly HWA WOEI GREEN HI-TECH CO., LTD. is a Taiwan-based company principally engaged in the provision of brand services related to the preschool education industry and the distribution of products. The Company's main business projects are mainly in the fields of cultural education, and self-developes series of textbooks, such as grammar books, natural sound books, learning supplementary textbooks, storybooks, homework books, activity books and other self-owned copyright textbooks. The Company specializes in children's American language programs, K-12 education, entrance exams, skills learning and exam training.