The Ambassador Hotel,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 09, 2022 at 06:06 pm EST
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The Ambassador Hotel,Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 352.11 million compared to TWD 262.41 million a year ago. Net income was TWD 82.35 million compared to TWD 69.4 million a year ago. Basic earnings per share was TWD 0.23 compared to TWD 0.19 a year ago. Diluted earnings per share was TWD 0.23 compared to TWD 0.19 a year ago.
For the nine months, sales was TWD 1,042.27 million compared to TWD 1,088.85 million a year ago. Net income was TWD 87.39 million compared to net loss of TWD 51.68 million a year ago. Basic earnings per share was TWD 0.24 compared to basic loss per share of TWD 0.14 a year ago. Diluted earnings per share was TWD 0.24 compared to diluted loss per share of TWD 0.14 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. 
