New Palace International Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 08, 2019 at 11:24 am EDT
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New Palace International Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 333.189 million compared to TWD 312.108 million a year ago. Operating loss was TWD 30.326 million compared to TWD 35.339 million a year ago. Net loss was TWD 35.488 million compared to TWD 29.795 million a year ago. Basic loss per share was TWD 0.53 compared to TWD 0.44 a year ago. For the half year, sales was TWD 885.069 million compared to TWD 814.893 million a year ago. Operating income was TWD 54.706 million compared to TWD 25.336 million a year ago. Net income was TWD 27.401 million compared to TWD 15.778 million a year ago. Basic earnings per share was TWD 0.41 compared to TWD 0.23 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.