Hi-Lai Foods Co., Ltd Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 05, 2020 at 12:03 am IST
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Hi-Lai Foods Co. Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 1,014.126 million compared to TWD 937.981 million a year ago. Operating income was TWD 100.307 million compared to TWD 71.879 million a year ago. Net income was TWD 148.457 million compared to TWD 57.037 million a year ago. Basic earnings per share from continuing operations was TWD 3.99 compared to TWD 1.56 a year ago. Basic earnings per share was TWD 3.99 compared to TWD 1.54 a year ago. Diluted earnings per share from continuing operations was TWD 3.99 compared to TWD 1.55 a year ago. Diluted earnings per share was TWD 3.99 compared to TWD 1.53 a year ago. For the nine months, sales was TWD 2,460.147 million compared to TWD 2,835.602 million a year ago. Operating income was TWD 76.983 million compared to TWD 279.394 million a year ago. Net income was TWD 209.670 million compared to TWD 213.646 million a year ago. Basic earnings per share from continuing operations was TWD 5.64 compared to TWD 6.4 a year ago. Basic earnings per share was TWD 5.63 compared to TWD 5.78 a year ago. Diluted earnings per share from continuing operations was TWD 5.63 compared to TWD 6.37 a year ago. Diluted earnings per share was TWD 5.63 compared to TWD 5.75 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.