Kura Sushi Asia Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 15, 2020 at 01:57 am IST
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Kura Sushi Asia Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 511.771 million compared to TWD 436.078 million a year ago. Operating loss was TWD 5.865 million compared to operating Income of TWD 44.883 million a year ago. Net loss was TWD 8.925 million compared to net income of TWD 29.864 million a year ago. Basic loss per share was TWD 0.24 compared to basic earnings per share of TWD 0.95 a year ago. Diluted loss per share was TWD 0.24 compared to diluted earnings per share of TWD 0.94 a year ago.
KURA SUSHI ASIA CO., LTD. is a Taiwan-based company that operates chain kaiten sushi with the brand name Kura Sushi. The main products are sushi. The Company is mainly engaged in the operation of Japanese-style kaiten sushi chain restaurant brands, providing consumers with Japanese sushi, pastas, desserts and beverages. The Company also develops various types of products such as sushi and side dishes, such as ramen noodles, udon noodles, and desserts.