Tofu Restaurant Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 07:01 am
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Tofu Restaurant Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 815.44 million compared to TWD 685.79 million a year ago. Net income was TWD 109.29 million compared to TWD 83.85 million a year ago. Basic earnings per share from continuing operations was TWD 4.16 compared to TWD 3.25 a year ago. Diluted earnings per share from continuing operations was TWD 4.16 compared to TWD 3.2 a year ago.
For the nine months, sales was TWD 2,313.41 million compared to TWD 1,718.81 million a year ago. Net income was TWD 307.39 million compared to TWD 161.03 million a year ago. Basic earnings per share from continuing operations was TWD 11.7 compared to TWD 6.25 a year ago. Diluted earnings per share from continuing operations was TWD 11.7 compared to TWD 6.15 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.