The Landis Taipei Hotel Co., Ltd Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 01:44 pm EDT
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The Landis Taipei Hotel Co. Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 54.316 million compared to TWD 111.983 million a year ago. Operating loss was TWD 40.703 million compared to TWD 7.681 million a year ago. Net loss was TWD 16.888 million compared to TWD 28.214 million a year ago. Basic loss per share from continuing operations was TWD 0.26 compared to TWD 0.13 a year ago. Basic loss per share was TWD 0.24 compared to TWD 0.4 a year ago. For the half year, sales was TWD 145.827 million compared to TWD 234.636 million a year ago. Operating loss was TWD 59.253 million compared to TWD 6.282 million a year ago. Net loss was TWD 127.785 million compared to TWD 36.415 million a year ago. Basic loss per share from continuing operations was TWD 0.53 compared to TWD 0.13 a year ago. Basic loss per share was TWD 1.82 compared to TWD 0.52 a year ago.
The Landis Taipei Hotel Co., Ltd. is a Taiwan-based company mainly engaged in the management of hotels. The Companyâs principal business includes the operation of tourist hotels, restaurants, health clubs and parking lots, the leasing of conference rooms, the retail of beverages, as well as the provision of washing services. The Company mainly operates its business in Europe, the Americas, Japan, China and other markets.