Kura Sushi Asia Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023 at 06:52 pm EDT
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Kura Sushi Asia Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 1,212.63 million compared to TWD 795.78 million a year ago. Net income was TWD 57.14 million compared to TWD 21.99 million a year ago. Basic earnings per share from continuing operations was TWD 1.22 compared to TWD 0.48 a year ago. Diluted earnings per share from continuing operations was TWD 1.21 compared to TWD 0.47 a year ago.
For the six months, sales was TWD 2,398.66 million compared to TWD 1,710.62 million a year ago. Net income was TWD 143.98 million compared to TWD 84.29 million a year ago. Basic earnings per share from continuing operations was TWD 3.08 compared to TWD 1.82 a year ago. Diluted earnings per share from continuing operations was TWD 3.06 compared to TWD 1.8 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.