Tofu Restaurant Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 13, 2020 at 10:18 am EDT
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Tofu Restaurant Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 391.606 million compared to TWD 334.561 million a year ago. Operating income was TWD 48.754 million compared to TWD 41.685 million a year ago. Net income was TWD 53.826 million compared to TWD 34.011 million a year ago. Basic earnings per share was TWD 2.46 compared to TWD 1.79 a year ago. Diluted earnings per share was TWD 2.39 compared to TWD 1.7 a year ago. For the half year, sales was TWD 772.760 million compared to TWD 654.271 million a year ago. Operating income was TWD 93.997 million compared to TWD 74.184 million a year ago. Net income was TWD 90.493 million compared to TWD 59.460 million a year ago. Basic earnings per share was TWD 4.17 compared to TWD 3.16 a year ago. Diluted earnings per share was TWD 3.97 compared to TWD 2.99 a year ago.
Tofu Restaurant Co., Ltd. is a Taiwan-based company principally engaged in the Korean chain restaurant business. The Company has two business segments, catering segment and others segment. The Company operates six brands in Taiwan, namely Dubu House, Hanjinmapu, Tongpan, Beichun Tofu Home, Dubu Dubu and HanJeongSigâs Kitchenette, which are mainly engaged in the provision of Korean tofu, copper plate barbecue, baked streaky, drinks, desserts and other meals. The Companyâs sales market is mainly dominated by Taiwan.
TOFU RESTAURANT CO., LTD. 
