Eagle Cold Storage Enterprise Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 10, 2020 at 03:48 pm EST
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Eagle Cold Storage Enterprise Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 615.284 million compared to TWD 655.779 million a year ago. Operating loss was TWD 30.645 million compared to operating Income of TWD 41.647 million a year ago. Net loss was TWD 27.382 million compared to net income of TWD 33.759 million a year ago. Basic loss per share was TWD 0.24 compared to basic earnings per share of TWD 0.29 a year ago. For the nine months, sales was TWD 1,396.649 million compared to TWD 1,865.981 million a year ago. Operating income was TWD 3.260 million compared to TWD 109.601 million a year ago. Net income was TWD 1.232 million compared to TWD 89.757 million a year ago. Basic earnings per share was TWD 0.01 compared to TWD 0.78 a year ago.
Eagle Cold Storage Enterprise Co Ltd is a Taiwan-based company principally engaged in the distribution of frozen meat. The Company is involved in the leasing of frozen and refrigerated warehouses; the sale of frozen and refrigerated vegetables, beef and mutton; the manufacture and sale of frozen meat products, black pepper sauces and mushroom sauces, as well as the construction of residential and commercial properties, as well as detached villas. In addition, the Company also provides logistics and distribution services. The Company operates its businesses in domestic market.