Kura Sushi Asia Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 15, 2020 at 12:34 pm EST
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Kura Sushi Asia Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 689.243 million compared to TWD 531.935 million a year ago. Net income was TWD 23.477 million compared to TWD 31.337 million a year ago. Basic earnings per share was TWD 0.6 compared to TWD 0.83 a year ago. Diluted earnings per share was TWD 0.57 compared to TWD 0.78 a year ago. For the nine months, sales was TWD 1,699.682 million compared to TWD 1,463.464 million a year ago. Net income was TWD 8.227 million compared to TWD 96.277 million a year ago. Basic earnings per share was TWD 0.21 compared to TWD 2.72 a year ago. Diluted earnings per share was TWD 0.2 compared to TWD 2.57 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.