Tofu Restaurant Co., Ltd Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 12, 2019 at 05:00 pm
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Tofu Restaurant Co. Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 334.561 million compared to TWD 259.064 million a year ago. Operating income was TWD 41.685 million compared to TWD 33.664 million a year ago. Net income was TWD 34.011 million compared to TWD 27.424 million a year ago. Basic earnings per share was TWD 1.79 compared to TWD 1.53 a year ago. Diluted earnings per share was TWD 1.7 compared to TWD 1.53 a year ago. For the half year, sales was TWD 654.271 million compared to TWD 503.789 million a year ago. Operating income was TWD 74.184 million compared to TWD 63.190 million a year ago. Net income was TWD 59.460 million compared to TWD 51.010 million a year ago. Basic earnings per share was TWD 3.16 compared to TWD 2.9 a year ago. Diluted earnings per share was TWD 2.99 compared to TWD 2.9 a year ago.
Tofu Restaurant Co., Ltd. is a Taiwan-based company principally engaged in the Korean chain restaurant business. The Company has two business segments, catering segment and others segment. The Company operates six brands in Taiwan, namely Dubu House, Hanjinmapu, Tongpan, Beichun Tofu Home, Dubu Dubu and HanJeongSigâs Kitchenette, which are mainly engaged in the provision of Korean tofu, copper plate barbecue, baked streaky, drinks, desserts and other meals. The Companyâs sales market is mainly dominated by Taiwan.