Far Eastern Department Stores, Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 14, 2020 at 12:00 am IST
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Far Eastern Department Stores, Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 7,949.000 million compared to TWD 8,575.448 million a year ago. Operating income was TWD 796.715 million compared to TWD 971.412 million a year ago. Net income was TWD 317.903 million compared to TWD 229.974 million a year ago. Basic earnings per share was TWD 0.23 compared to TWD 0.16 a year ago. For the half year, sales was TWD 16,583.165 million compared to TWD 17,802.047 million a year ago. Operating income was TWD 1,446.890 million compared to TWD 2,012.821 million a year ago. Net income was TWD 395.794 million compared to TWD 687.622 million a year ago. Basic earnings per share was TWD 0.28 compared to TWD 0.49 a year ago.
Far Eastern Department Stores Ltd. is a Taiwan-based company principally engaged in the operation of department stores and supermarkets. The department stores operated by the Company provide apparels for men and women and children, furniture, home appliances, sports and leisure products and consumer electronics, among others. The Company mainly operates businesses in Taiwan and Mainland China. The Company is also involved in investment businesses, trading businesses, e-commerce businesses, credit cards businesses, the agency of advertisement and importers, as well as the leasing of constructions through its subsidiaries.
FAR EASTERN DEPARTMENT STORES, LTD. 
