Kwan's International Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 11, 2020 at 10:04 am EST
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Kwan's International Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 750,000 compared to TWD 71.673 million a year ago. Operating loss was TWD 12.438 million compared to TWD 2.061 million a year ago. Net loss was TWD 11.614 million compared to net income of TWD 1.350 million a year ago. Basic loss per share was TWD 0.1 compared to basic earnings per share of TWD 0.01 a year ago. For the nine months, sales was TWD 24.765 million compared to TWD 188.651 million a year ago. Operating loss was TWD 26.265 million compared to operating Income of TWD 7.209 million a year ago. Net loss was TWD 54.197 million compared to net income of TWD 14.052 million a year ago. Basic loss per share was TWD 0.47 compared to basic earnings per share of TWD 0.13 a year ago.
Kwan's International Co Ltd is principally engaged in the production, distribution and investment of film and television programs in the cultural and creative industries. The Company's business mainly includes commercial performances such as commercial shows in Macau's famous casinos and hotels, ticketed performances such as ticketed concerts and large scale performances, advertising endorsements of artists in print and media formats, film and television productions or brokerage of major artists. The Company provides services mainly in the domestic market and overseas markets.
KWAN'S INTERNATIONAL CO., LTD. 
