Youngqin International Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 13, 2020 at 01:59 pm
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YoungQin International Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 352.600 million compared to TWD 323.268 million a year ago. Operating income was TWD 19.154 million compared to TWD 24.088 million a year ago. Net income was TWD 12.383 million compared to TWD 18.759 million a year ago. Basic earnings per share was TWD 0.69 compared to TWD 1.04 a year ago. For the half year, sales was TWD 686.367 million compared to TWD 605.875 million a year ago. Operating income was TWD 36.338 million compared to TWD 38.210 million a year ago. Net income was TWD 26.197 million compared to TWD 30.557 million a year ago. Basic earnings per share was TWD 1.46 compared to TWD 1.7 a year ago. Diluted earnings per share was TWD 1.45 compared to TWD 1.69 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.
YOUNGQIN INTERNATIONAL CO., LTD. 
