La Kaffa International Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 12, 2023 at 09:46 pm EST
Share
La Kaffa 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 1,040.02 million compared to TWD 1,139.3 million a year ago. Net income was TWD 92.6 million compared to TWD 103.55 million a year ago. Basic earnings per share from continuing operations was TWD 2.03 compared to TWD 2.3 a year ago. Diluted earnings per share from continuing operations was TWD 2.03 compared to TWD 2.29 a year ago.
For the nine months, sales was TWD 3,054.69 million compared to TWD 3,156.12 million a year ago. Net income was TWD 245.37 million compared to TWD 202.26 million a year ago. Basic earnings per share from continuing operations was TWD 5.39 compared to TWD 4.47 a year ago. Diluted earnings per share from continuing operations was TWD 5.38 compared to TWD 4.45 a year ago.
La Kaffa International CO., LTD. is a Taiwan-based company principally engaged in provision of chain catering services. The Company mainly provides beverages, meals, dessert and baked bread, as well as related services. The Company owns various brands, such as the beverage brand, Chatime; the dessert brand, ZenQ; the coffee and light food brand, La Kaffa, and the baked bread brand, Bake Code. The Company distributes its products in domestic market and to overseas markets, such as the rest areas of Asia, Australia, the Americas and Europe.