YoungQin International Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 09, 2023
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YoungQin International Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 534.6 million compared to TWD 464.81 million a year ago. Net income was TWD 33.67 million compared to TWD 32.89 million a year ago. Basic earnings per share from continuing operations was TWD 1.12 compared to TWD 1.09 a year ago. Diluted earnings per share from continuing operations was TWD 1.12 compared to TWD 1.09 a year ago.
For the six months, sales was TWD 1,021.24 million compared to TWD 895.98 million a year ago. Net income was TWD 62.78 million compared to TWD 61.23 million a year ago. Basic earnings per share from continuing operations was TWD 2.08 compared to TWD 2.03 a year ago. Diluted earnings per share from continuing operations was TWD 2.08 compared to TWD 2.03 a year ago.
YOUNG QIN INTERNATIONAL CO., LTD. is a Taiwan-based company principally engaged in the franchise of chain catering food and beverage stores, as well as the sale of related products. The Company is mainly engaged in the operation of chain and direct store catering brands, as well as the sale and the provision of services of Chinese and Western dishes, snacks, soups, coffee, beverages, bread baking, among others. The Company has three chain restaurant brands with name of My Warm Day, Fried Chicken Master and Real Cafe Bread. My Warm Day is mainly engaged in the operation of chain in China. Fried Chicken Master and Real Cafe Bread are engaged in the operation of direct sales in China, as well as the development of chain business by regional agency in Southeast Asia and China Mainland.