YoungQin International Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 06, 2023
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YoungQin International Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 563.93 million compared to TWD 489.4 million a year ago. Net income was TWD 35.8 million compared to TWD 34.3 million a year ago. Basic earnings per share from continuing operations was TWD 1.19 compared to TWD 1.14 a year ago. Diluted earnings per share from continuing operations was TWD 1.19 compared to TWD 1.14 a year ago.
For the nine months, sales was TWD 1,585.17 million compared to TWD 1,385.38 million a year ago. Net income was TWD 98.58 million compared to TWD 95.53 million a year ago. Basic earnings per share from continuing operations was TWD 3.27 compared to TWD 3.17 a year ago. Diluted earnings per share from continuing operations was TWD 3.27 compared to TWD 3.17 a year ago.
YOUNG QIN INTERNATIONAL CO., LTD. is a Taiwan-based company principally engaged in the franchise of chain catering food and beverage stores, as well as the sale of related products. The Company is mainly engaged in the operation of chain and direct store catering brands, as well as the sale and the provision of services of Chinese and Western dishes, snacks, soups, coffee, beverages, bread baking, among others. The Company has three chain restaurant brands with name of My Warm Day, Fried Chicken Master and Real Cafe Bread. My Warm Day is mainly engaged in the operation of chain in China. Fried Chicken Master and Real Cafe Bread are engaged in the operation of direct sales in China, as well as the development of chain business by regional agency in Southeast Asia and China Mainland.