The Ambassador Hotel,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 12, 2020 at 01:44 pm EDT
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The Ambassador Hotel,Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 550.967 million compared to TWD 804.808 million a year ago. Operating income was TWD 35.632 million compared to TWD 112.766 million a year ago. Net loss was TWD 24.241 million compared to net income of TWD 112.995 million a year ago. Basic loss per share was TWD 0.07 compared to basic earnings per share of TWD 0.31 a year ago.
THE AMBASSADOR HOTEL, LTD. is a Taiwan-based company principally engaged in restaurant and hotel businesses. The Company is mainly engaged in the provision of catering services and guest room services. It operates Chinese restaurants, cafeterias, self-service restaurants, bakeries, steak houses, bars, meeting and banquet halls and golf course restaurants to offer catering services. The restaurant brands under the Company include Market Cafe, YU SUSHI, le bouquet Bread & Bakery, Andante and ACHOI, among others. The Company offers guest room services through the operation of Ambassador Hotel Taipei, Ambassador Hotel Hsinchu, Ambassador Hotel Kaosiung, amba Taipei Ximedning and amba Taipei Zhongshan.
THE AMBASSADOR HOTEL,LTD. 
