Kura Sushi Asia Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 10, 2023 at 05:51 pm EST
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Kura Sushi Asia Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 1,398.34 million compared to TWD 1,119 million a year ago. Net income was TWD 61.11 million compared to TWD 103.07 million a year ago. Basic earnings per share from continuing operations was TWD 1.31 compared to TWD 2.23 a year ago. Diluted earnings per share from continuing operations was TWD 1.3 compared to TWD 2.19 a year ago.
For the nine months, sales was TWD 3,797 million compared to TWD 2,829.62 million a year ago. Net income was TWD 205.09 million compared to TWD 187.36 million a year ago. Basic earnings per share from continuing operations was TWD 4.39 compared to TWD 4.05 a year ago. Diluted earnings per share from continuing operations was TWD 4.36 compared to TWD 3.99 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.