The Ambassador Hotel,Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 11, 2020 at 12:13 pm EST
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The Ambassador Hotel,Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 549.244 million compared to TWD 671.871 million a year ago. Operating loss was TWD 102.387 million compared to operating Income of TWD 19.666 million a year ago. Net income was TWD 94.905 million compared to TWD 153.858 million a year ago. Basic earnings per share was TWD 0.26 compared to TWD 0.42 a year ago. For the nine months, sales was TWD 1,434.934 million compared to TWD 2,138.775 million a year ago. Operating loss was TWD 172.050 million compared to operating Income of TWD 169.633 million a year ago. Net income was TWD 48.435 million compared to TWD 332.060 million a year ago. Basic earnings per share was TWD 0.13 compared to TWD 0.91 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. 
