The Ambassador Hotel,Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 11, 2020 at 01:40 pm EDT
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The Ambassador Hotel,Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 334.723 million compared to TWD 662.096 million a year ago. Operating loss was TWD 105.295 million compared to operating Income of TWD 37.201 million a year ago. Net loss was TWD 22.229 million compared to net income of TWD 65.207 million a year ago. Basic loss per share was TWD 0.06 compared to basic earnings per share of TWD 0.18 a year ago. For the half year, sales was TWD 885.690 million compared to TWD 1,466.904 million a year ago. Operating loss was TWD 69.663 million compared to operating Income of TWD 149.967 million a year ago. Net loss was TWD 46.470 million compared to net income of TWD 178.202 million a year ago. Basic loss per share was TWD 0.13 compared to basic earnings per share of TWD 0.49 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. 
