New Palace International Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 07, 2022 at 05:01 pm EST
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New Palace International Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 175.15 million compared to TWD 39.24 million a year ago. Net loss was TWD 25.39 million compared to TWD 93.21 million a year ago. Basic loss per share from continuing operations was TWD 0.38 compared to TWD 1.38 a year ago. Diluted loss per share from continuing operations was TWD 0.38 compared to TWD 1.38 a year ago.
For the nine months, sales was TWD 594.69 million compared to TWD 425.3 million a year ago. Net loss was TWD 27.72 million compared to TWD 142.63 million a year ago. Basic loss per share from continuing operations was TWD 0.41 compared to TWD 2.11 a year ago. Diluted loss per share from continuing operations was TWD 0.41 compared to TWD 2.11 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.