Kura Sushi Asia Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
December 27, 2019 at 01:38 am IST
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Kura Sushi Asia Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 531.935 million compared to TWD 413.814 million a year ago. Operating income was TWD 40.053 million compared to TWD 49.587 million a year ago. Net income was TWD 31.337 million compared to TWD 41.383 million a year ago. Basic earnings per share was TWD 0.83 compared to TWD 1.31 a year ago. Diluted earnings per share was TWD 0.78 compared to TWD 1.31 a year ago. For the nine months, sales was TWD 1,463.464 million compared to TWD 1,068.075 million a year ago. Operating income was TWD 135.116 million compared to TWD 135.140 million a year ago. Net income was TWD 96.277 million compared to TWD 106.807 million a year ago. Basic earnings per share was TWD 2.72 compared to TWD 3.39 a year ago. Diluted earnings per share was TWD 2.57 compared to TWD 3.39 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.
KURA SUSHI ASIA CO., LTD. 
