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.
Ambassador Hotel Ltd is a Taiwan-based company mainly engaged in providing catering and room services. The Company provides catering services by operating A CUT STEAKHOUSE, Chinese restaurants, Ahmicafe, buffet restaurants, Corner Bakery 63, conference and banquet halls, fitness and entertainment departments, and golf course restaurants. The Company provides room services through the operation of Ambassador Hotel Taipei, Ambassador Hotel Hsinchu, and Ambassador Hotel Kaosiung.