The Landis Taipei Hotel Co., Ltd Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 10, 2020 at 08:15 pm EST
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The Landis Taipei Hotel Co. Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 72.461 million compared to TWD 107.759 million a year ago. Operating loss was TWD 31.272 million compared to TWD 13.050 million a year ago. Net loss was TWD 24.732 million compared to TWD 17.599 million a year ago. Basic loss per share from continuing operations was TWD 0.34 compared to TWD 0.02 a year ago. Basic loss per share was TWD 0.35 compared to TWD 0.25 a year ago. For the nine months, sales was TWD 218.288 million compared to TWD 342.395 million a year ago. Operating loss was TWD 90.525 million compared to TWD 19.332 million a year ago. Net loss was TWD 152.517 million compared to TWD 54.014 million a year ago. Basic loss per share from continuing operations was TWD 0.87 compared to TWD 0.15 a year ago. Basic loss per share was TWD 2.17 compared to TWD 0.77 a year ago.
The Landis Taipei Hotel Co., Ltd. is a Taiwan-based company mainly engaged in the management of hotels. The Companyâs principal business includes the operation of tourist hotels, restaurants, health clubs and parking lots, the leasing of conference rooms, the retail of beverages, as well as the provision of washing services. The Company mainly operates its business in Europe, the Americas, Japan, China and other markets.