New Palace International Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 06, 2020 at 03:53 pm EDT
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New Palace International Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 72.144 million compared to TWD 333.189 million a year ago. Operating loss was TWD 94.088 million compared to TWD 30.326 million a year ago. Net loss was TWD 96.042 million compared to TWD 35.488 million a year ago. Basic loss per share was TWD 1.42 compared to TWD 0.53 a year ago. For the half year, sales was TWD 422.014 million compared to TWD 885.069 million a year ago. Operating loss was TWD 80.730 million compared to operating Income of TWD 54.706 million a year ago. Net loss was TWD 90.582 million compared to net income of TWD 27.401 million a year ago. Basic loss per share was TWD 1.34 compared to basic earnings per share of TWD 0.41 a year ago.
New Palace International Co., Ltd. is a Taiwan-based company principally engaged in the operation of restaurants and the provision of related services. The Companyâs primary products and services include the provision of traditional catering services, banquets and buffets. The Company is also engaged in the production, processing and trading of fruit juices, drinks, groceries, fresh seafood and frozen fish food, as well as the importing and exporting of tableware. The Company mainly operates through two business segments: domestic operation segment and Asian operation segment. The Company mainly operates its businesses in Taiwan and the rest of Asia.