Kino Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 11, 2020 at 05:04 pm
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Kino Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was TWD 124.762 million compared to TWD 157.817 million a year ago. Operating loss was TWD 5.217 million compared to TWD 22.494 million a year ago. Net loss was TWD 6.187 million compared to TWD 23.462 million a year ago. Basic loss per share was TWD 0.26 compared to TWD 0.96 a year ago. For the half year, total revenue was TWD 287.790 million compared to TWD 331.941 million a year ago. Operating income was TWD 17.199 million compared to operating loss of TWD 21.407 million a year ago. Net income was TWD 20.976 million compared to net loss of TWD 24.224 million a year ago. Basic earnings per share was TWD 0.86 compared to basic loss per share of TWD 1 a year ago.
Raku Co Ltd, formerly Kino Biotech Co., Ltd., is a Singapore-based company. The Company is an integrated bio-nutraceutical and cosmeceutical company. The Company is focused on product conceptualization, development, commercialization, brand marketing, sale and distribution of healthcare and beauty products. The Company provides healthcare and beauty products and services through brands, including Kinohimitsu, Activa and Xpertise. It has over two logistic and distribution centers in Malaysia and China. The Company provides products to China, Singapore, Malaysia, Vietnam, Thailand and Indonesia.