Luo Lih-Fen Holding Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 09, 2020 at 07:14 pm
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Luo Lih-Fen Holding Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 166.408 million compared to TWD 402.174 million a year ago. Operating income was TWD 4.445 million compared to TWD 172.520 million a year ago. Net income was TWD 15.858 million compared to TWD 152.368 million a year ago. Basic earnings per share was TWD 0.33 compared to TWD 3.22 a year ago. Diluted earnings per share was TWD 0.33 compared to TWD 3.21 a year ago. For the half year, sales was TWD 279.002 million compared to TWD 710.861 million a year ago. Operating loss was TWD 9.175 million compared to operating Income of TWD 307.347 million a year ago. Net income was TWD 14.407 million compared to TWD 264.441 million a year ago. Basic earnings per share was TWD 0.3 compared to TWD 5.58 a year ago.
Luo Lih-Fen Holding Co., Ltd. is a China-based company principally engaged in the research and development, manufacture and sales of facial beauty care products. The Company's main products include facial cleanser, toner, essence, face cream, mask and eye suits. The Company distributes its products to end consumers through dealers in each province. The Company also provides consultation services, as well as distributes raw materials, semi-finished products and packaging materials. The Company distributes its products in domestic market and to overseas markets.