Skylark Holdings Co., Ltd. Announces Earnings Results for the First Quarter Ended March 31, 2021
May 14, 2021 at 02:00 am EDT
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Skylark Holdings Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was JPY 64,832 million compared to JPY 86,739 million a year ago. Operating loss was JPY 1,264 million compared to operating Income of JPY 40 million a year ago. Net loss was JPY 1,888 million compared to net income of JPY 248 million a year ago. Basic loss per share from continuing operations was JPY 9.56 compared to basic earnings per share from continuing operations of JPY 1.25 a year ago.
Skylark Holdings Co Ltd, former Skylark Co Ltd is primarily engaged in the restaurant business and also engaged in the development of businesses such as food sales and support for group companies. In the restaurant business, in addition to developing family restaurants and buffets in Japan and selling food products, The Company also develops restaurants overseas. The restaurant brands include Gusto, Bamiyan, Syabuyo, Jonathan's, Yumean, Steak Gusto, Karayoshi, Aiya, Musashi No Mori Coffee, Grazie Gardens, Totoyamichi, chawan, Tonkaratei, La Ohana and others. Other businesses include food sales, food delivery, store cleaning and maintenance, store product delivery, and linen supply support businesses for group companies.