Hi-Lai Foods Co., Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 12, 2022 at 03:09 am IST
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Hi-Lai Foods Co., Ltd reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 537.59 million compared to TWD 512.6 million a year ago. Net loss was TWD 102.31 million compared to TWD 57.46 million a year ago. Basic loss per share from continuing operations was TWD 2.42 compared to TWD 1.54 a year ago. Diluted loss per share from continuing operations was TWD 2.42 compared to TWD 1.54 a year ago.
For the six months, sales was TWD 1,574.22 million compared to TWD 1,539.58 million a year ago. Net loss was TWD 59.55 million compared to net income of TWD 18.78 million a year ago. Basic loss per share from continuing operations was TWD 1.41 compared to basic earnings per share from continuing operations of TWD 0.5 a year ago. Diluted loss per share from continuing operations was TWD 1.41 compared to diluted earnings per share from continuing operations of TWD 0.5 a year ago.
Hi-Lai Foods Co Ltd is a Taiwan-based company principally engaged in restaurant business. The Company operates Chinese restaurants, western restaurants, Japanese restaurants, lounges, cafes, and pastry shops, among others. The Company mainly provides meals, drinks, baking, gift items and others. The Company mainly operates its businesses within domestic markets.