The Ambassador Hotel,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 10, 2021 at 02:16 am EST
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The Ambassador Hotel,Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 262.41 million compared to TWD 549.24 million a year ago. Net income was TWD 69.4 million compared to TWD 94.91 million a year ago. Basic earnings per share from continuing operations was TWD 0.19 compared to TWD 0.26 a year ago. Diluted earnings per share from continuing operations was TWD 0.19 compared to TWD 0.26 a year ago.
For the nine months, sales was TWD 1,088.85 million compared to TWD 1,434.93 million a year ago. Net loss was TWD 51.68 million compared to net income of TWD 48.44 million a year ago. Basic loss per share from continuing operations was TWD 0.14 compared to basic earnings per share from continuing operations of TWD 0.13 a year ago. Diluted loss per share from continuing operations was TWD 0.14 compared to diluted earnings per share from continuing operations of TWD 0.13 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.