Tofu Restaurant Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023
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Tofu Restaurant Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 749.4 million compared to TWD 467.15 million a year ago. Revenue was TWD 749.4 million compared to TWD 467.15 million a year ago. Net income was TWD 93 million compared to TWD 15.29 million a year ago. Basic earnings per share from continuing operations was TWD 3.54 compared to TWD 0.59 a year ago. Diluted earnings per share from continuing operations was TWD 3.54 compared to TWD 0.58 a year ago.
For the six months, sales was TWD 1,497.97 million compared to TWD 1,033.02 million a year ago. Revenue was TWD 1,497.97 million compared to TWD 1,033.02 million a year ago. Net income was TWD 198.1 million compared to TWD 77.18 million a year ago. Basic earnings per share from continuing operations was TWD 7.54 compared to TWD 2.99 a year ago. Diluted earnings per share from continuing operations was TWD 7.54 compared to TWD 2.94 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.