New Palace International Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 06, 2023 at 04:52 pm EST
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New Palace International Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 288.52 million compared to TWD 175.15 million a year ago. Net loss was TWD 7.04 million compared to TWD 25.39 million a year ago. Basic loss per share from continuing operations was TWD 0.1 compared to TWD 0.38 a year ago. Diluted loss per share from continuing operations was TWD 0.1 compared to TWD 0.38 a year ago.
For the nine months, sales was TWD 1,021.32 million compared to TWD 594.69 million a year ago. Net income was TWD 47.66 million compared to net loss of TWD 27.72 million a year ago. Basic earnings per share from continuing operations was TWD 0.71 compared to basic loss per share from continuing operations of TWD 0.41 a year ago. Diluted earnings per share from continuing operations was TWD 0.71 compared to diluted loss per share from continuing operations 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.