Lealea Hotels & Resorts Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 13, 2020 at 01:09 am IST
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Lealea Hotels & Resorts Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was TWD 176.216 million compared to TWD 144.811 million a year ago. Operating income was TWD 43.167 million compared to TWD 10.595 million a year ago. Net income was TWD 27.991 million compared to TWD 1.511 million a year ago. Basic earnings per share was TWD 1.99 compared to TWD 0.11 a year ago. For the nine months, total revenue was TWD 323.155 million compared to TWD 386.748 million a year ago. Operating loss was TWD 7.338 million compared to TWD 8.120 million a year ago. Net loss was TWD 24.877 million compared to TWD 21.507 million a year ago. Basic loss per share was TWD 1.76 compared to TWD 1.53 a year ago.
Lealea Hotels & Resorts Co Ltd, formerly I-Future Co., Ltd, along with its subsidiaries, is principally engaged in the hotel management business. The Company, along with its subsidiaries, mainly operates its businesses through five segments: connector segment, which manufactures and sells connectors used in motherboards, notebooks, central processing units (CPUs) and others; hydrogen-oxygen energy segment, which sells and leases hydrogen-oxygen flame energy equipment; biological medical segment, which provides immune cell storage services, hotel management segment, as well as management segment.