The Ambassador Hotel,Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 09, 2023
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The Ambassador Hotel,Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 275.16 million compared to TWD 247.36 million a year ago. Net income was TWD 500.27 million compared to TWD 12.44 million a year ago. Basic earnings per share from continuing operations was TWD 1.36 compared to TWD 0.03 a year ago. Diluted earnings per share from continuing operations was TWD 1.36 compared to TWD 0.03 a year ago.
For the six months, sales was TWD 661.23 million compared to TWD 690.15 million a year ago. Net income was TWD 698.94 million compared to TWD 5.03 million a year ago. Basic earnings per share from continuing operations was TWD 1.9 compared to TWD 0.01 a year ago. Diluted earnings per share from continuing operations was TWD 1.9 compared to TWD 0.01 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.