Luo Lih-Fen Holding Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 08, 2020 at 03:55 pm
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Luo Lih-Fen Holding Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 212.230 million compared to TWD 316.281 million a year ago. Operating income was TWD 16.457 million compared to TWD 108.004 million a year ago. Net income was TWD 25.194 million compared to TWD 97.195 million a year ago. Basic earnings per share was TWD 0.54 compared to TWD 2.05 a year ago. For the nine months, sales was TWD 491.232 million compared to TWD 1,027.142 million a year ago. Operating income was TWD 7.282 million compared to TWD 415.351 million a year ago. Net income was TWD 39.601 million compared to TWD 361.636 million a year ago. Basic earnings per share was TWD 0.84 compared to TWD 7.63 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.