Leofoo Development Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022 at 04:50 pm EST
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Leofoo Development 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 594.41 million compared to TWD 227.69 million a year ago. Net income was TWD 40 million compared to net loss of TWD 188.83 million a year ago. Basic earnings per share from continuing operations was TWD 0.21 compared to basic loss per share from continuing operations of TWD 0.99 a year ago. Diluted earnings per share from continuing operations was TWD 0.21 compared to diluted loss per share from continuing operations of TWD 0.99 a year ago.
For the nine months, sales was TWD 1,110.17 million compared to TWD 749.29 million a year ago. Net loss was TWD 352.39 million compared to TWD 549.51 million a year ago. Basic loss per share from continuing operations was TWD 1.84 compared to TWD 2.9 a year ago. Diluted loss per share from continuing operations was TWD 1.84 compared to TWD 2.9 a year ago.
LEOFOO DEVELOPMENT CO., LTD. is a Taiwan-based company principally engaged in the operation of hotels and theme parks. The hotels operated by the Company include tourism hotels and resort hotels. Its resort hotels provide Chinese and foreign style restaurants, banquet halls, coffee shops, buffet, Japanese restaurants, Italian restaurants and bars, among others. Its theme parks provide attached restaurants and souvenir shops, among others. The Company is also involved in the operation of cinemas and parking lots. It mainly operates businesses in Taiwan market.
LEOFOO DEVELOPMENT CO., LTD. 
