Youngqin International Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 23, 2020
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YoungQin International Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 1,298.167 million compared to TWD 1,133.610 million a year ago. Operating income was TWD 77.739 million compared to TWD 76.125 million a year ago. Net income was TWD 62.652 million compared to TWD 55.792 million a year ago. Basic earnings per share was TWD 3.48 compared to TWD 3.1 a year ago. Diluted earnings per share was TWD 3.47 compared to TWD 3.09 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.