New Palace International Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023 at 06:07 am EDT
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New Palace International 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 316.56 million compared to TWD 111.33 million a year ago. Net income was TWD 4.9 million compared to net loss of TWD 51.87 million a year ago. Basic earnings per share from continuing operations was TWD 0.07 compared to basic loss per share from continuing operations of TWD 0.77 a year ago. Diluted earnings per share from continuing operations was TWD 0.07 compared to diluted loss per share from continuing operations of TWD 0.77 a year ago.
For the six months, sales was TWD 732.8 million compared to TWD 419.54 million a year ago. Net income was TWD 54.7 million compared to net loss of TWD 2.33 million a year ago. Basic earnings per share from continuing operations was TWD 0.81 compared to basic loss per share from continuing operations of TWD 0.03 a year ago. Diluted earnings per share from continuing operations was TWD 0.81 compared to diluted loss per share from continuing operations of TWD 0.03 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.