Tofu Restaurant Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 11, 2022
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Tofu Restaurant Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 467.15 million compared to TWD 311.41 million a year ago. Revenue was TWD 467.15 million compared to TWD 311.41 million a year ago. Net income was TWD 15.29 million compared to TWD 6.37 million a year ago. Basic earnings per share from continuing operations was TWD 0.5893 compared to TWD 0.25 a year ago. Diluted earnings per share from continuing operations was TWD 0.5804 compared to TWD 0.2411 a year ago.
For the six months, sales was TWD 1,033.02 million compared to TWD 819 million a year ago. Revenue was TWD 1,033.02 million compared to TWD 819 million a year ago. Net income was TWD 77.18 million compared to TWD 66.23 million a year ago. Basic earnings per share from continuing operations was TWD 2.9911 compared to TWD 2.5982 a year ago. Diluted earnings per share from continuing operations was TWD 2.9375 compared to TWD 2.5089 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 HanJeongSig's Kitchenette, which are mainly engaged in the provision of Korean tofu, copper plate barbecue, baked streaky, drinks, desserts and other meals. The Company's sales market is mainly dominated by Taiwan.