The Ambassador Hotel,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 12, 2023
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The Ambassador Hotel,Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 311.78 million compared to TWD 352.11 million a year ago. Net loss was TWD 56.45 million compared to net income of TWD 82.35 million a year ago. Basic loss per share from continuing operations was TWD 0.15. Diluted loss per share from continuing operations was TWD 0.15.
For the nine months, sales was TWD 973 million compared to TWD 1,042.27 million a year ago. Net income was TWD 642.49 million compared to TWD 87.39 million a year ago. Basic earnings per share from continuing operations was TWD 1.75 compared to TWD 0.24 a year ago. Diluted earnings per share from continuing operations was TWD 1.75 compared to TWD 0.24 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. 
