Kwan's International Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 03:24 pm
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Kwan's International Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 17.521 million compared to TWD 67.054 million a year ago. Operating loss was TWD 2.269 million compared to operating Income of TWD 6.399 million a year ago. Net loss was TWD 30.717 million compared to net income of TWD 7.212 million a year ago. Basic loss per share was TWD 0.27 compared to basic earnings per share of TWD 0.06 a year ago. For the half year, sales was TWD 24.015 million compared to TWD 116.978 million a year ago. Operating loss was TWD 13.826 million compared to operating Income of TWD 9.270 million a year ago. Net loss was TWD 42.582 million compared to net income of TWD 12.702 million a year ago. Basic loss per share was TWD 0.37 compared to basic earnings per share of TWD 0.12 a year ago.
Kwan's International Co Ltd is principally engaged in the production, distribution and investment of film and television programs in the cultural and creative industries. The Company's business mainly includes commercial performances such as commercial shows in Macau's famous casinos and hotels, ticketed performances such as ticketed concerts and large scale performances, advertising endorsements of artists in print and media formats, film and television productions or brokerage of major artists. The Company provides services mainly in the domestic market and overseas markets.