Kura Sushi Asia Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 12, 2021 at 06:51 pm EDT
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Kura Sushi Asia Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 379.438 million compared to TWD 498.668 million a year ago. Operating loss was TWD 68.422 million compared to TWD 8.794 million a year ago. Net loss was TWD 53.822 million compared to TWD 6.325 million a year ago. Basic loss per share from continuing operations was TWD 1.17 compared to TWD 0.17 a year ago. For the half year, sales was TWD 1,171.477 million compared to TWD 1,010.439 million a year ago. Operating income was TWD 7.817 million compared to operating loss of TWD 14.659 million a year ago. Net income was TWD 5.007 million compared to net loss of TWD 15.250 million a year ago. Basic earnings per share from continuing operations was TWD 0.11 compared to basic loss per share from continuing operations of TWD 0.4 a year ago.
KURA SUSHI ASIA CO., LTD. is a Taiwan-based company that operates chain kaiten sushi with the brand name Kura Sushi. The main products are sushi. The Company is mainly engaged in the operation of Japanese-style kaiten sushi chain restaurant brands, providing consumers with Japanese sushi, pastas, desserts and beverages. The Company also develops various types of products such as sushi and side dishes, such as ramen noodles, udon noodles, and desserts.