The Ambassador Hotel,Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 09, 2022
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The Ambassador Hotel,Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 247.36 million compared to TWD 277.04 million a year ago. Net income was TWD 12.44 million compared to net loss of TWD 114.49 million a year ago. Basic earnings per share from continuing operations was TWD 0.03 compared to basic loss per share from continuing operations of TWD 0.31 a year ago. Diluted earnings per share from continuing operations was TWD 0.03 compared to diluted loss per share from continuing operations of TWD 0.31 a year ago.
For the six months, sales was TWD 690.15 million compared to TWD 826.44 million a year ago. Net income was TWD 5.03 million compared to net loss of TWD 121.08 million a year ago. Basic earnings per share from continuing operations was TWD 0.01 compared to basic loss per share from continuing operations of TWD 0.33 a year ago. Diluted earnings per share from continuing operations was TWD 0.01 compared to diluted loss per share from continuing operations of TWD 0.33 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. 
