Kura Sushi Asia Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022
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Kura Sushi Asia Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 1,119 million compared to TWD 482.11 million a year ago. Net income was TWD 103.07 million compared to net loss of TWD 52.87 million a year ago. Basic earnings per share from continuing operations was TWD 2.23 compared to basic loss per share from continuing operations of TWD 1.15 a year ago. Diluted earnings per share from continuing operations was TWD 2.19 compared to diluted loss per share from continuing operations of TWD 1.15 a year ago.
For the nine months, sales was TWD 2,829.62 million compared to TWD 1,653.58 million a year ago. Net income was TWD 187.36 million compared to net loss of TWD 47.87 million a year ago. Basic earnings per share from continuing operations was TWD 4.05 compared to basic loss per share from continuing operations of TWD 1.05 a year ago. Diluted earnings per share from continuing operations was TWD 3.99 compared to diluted loss per share from continuing operations of TWD 1.05 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. 
