Best Friend Technology Co., Ltd Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 11, 2020 at 09:25 pm
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Best Friend Technology Co. Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 569.177 million compared to TWD 287.256 million a year ago. Operating loss was TWD 31.453 million compared to operating Income of TWD 24.575 million a year ago. Net loss was TWD 99.112 million compared to net income of TWD 16.987 million a year ago. Basic loss per share was TWD 2.85 compared to basic earnings per share of TWD 0.58 a year ago. Diluted loss per share was TWD 2.85 compared to diluted earnings per share of TWD 0.55 a year ago. For the nine months, sales was TWD 1,526.841 million compared to TWD 871.115 million a year ago. Operating loss was TWD 16.640 million compared to operating Income of TWD 65.200 million a year ago. Net loss was TWD 113.794 million compared to net income of TWD 43.185 million a year ago. Basic loss per share was TWD 3.28 compared to basic earnings per share of TWD 1.48 a year ago. Diluted loss per share was TWD 3.28 compared to diluted earnings per share of TWD 1.45 a year ago.
United Recommend International Co Ltd is a Taiwan-based company mainly engaged in the e-commerce and electronic manufacturing business. The Company is mainly engaged in the wholesale and retail of fabrics, clothing, shoes, hats, umbrellas and apparel, as well as the operation of non-store retail business. The main e-commerce brands include YuYu Active, Mouggan, WEAR to EAT, Chenn Chenn and An'Q. The Company is also engaged in the design, development, manufacture, processing and trading of printed circuit boards. The main products are flexible printed circuit boards. The Company distributes its products principally in Taiwan and other Asia markets.