Resorttrust Reports Earnings Results for the Second Quarter of the Fiscal Year Ending March 31, 2021
November 10, 2020 at 09:00 pm EST
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Resorttrust reported earnings results for the second quarter of the fiscal year ending March 31, 2021. For the quarter, the company reported net sales of JPY 86.276 billion, operating income of JPY 9.98 billion, ordinary income of JPY 11.159 billion, and net income of JPY 5.696 billion.
Resorttrust Inc is a Japan-based company mainly involved in the construction and operation of membership hotels and golf courses, the sale of memberships, as well as medical businesses. The Company operates through three segments. The Membership segment is engaged in the development of membership hotels and the sale of various memberships. The Hotel Restaurant segment is mainly involved in the operation of restaurants and resort hotels under the names XIV, BAYCOURT CLUB, SUN MEMBERS and HOTEL TRUSTY, as well as the provision of hotel cleaning services, and on-life insurance agency services. The Medical segment is engaged in the sale and management of medical memberships, as well as the provision of medical consulting services. In addition, the Company is also engaged in real estate rental business and villa management business.