Royal Holdings Co., Ltd. Announces Consolidated Earnings Results for the Three Months Ended March 2020
May 13, 2020
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ROYAL HOLDINGS Co., Ltd. announced Consolidated earnings results for the three months ended March 2020. For the quarter, the company reported Net sales of JPY 27,915 million compared to JPY 33,458 million a year ago. Operating loss was JPY 2,568 million compared to operating profit of JPY 708 a year ago. Ordinary loss was JPY 2,806 million was compared to ordinary profit was 650 million a year ago. Net loss attributable to owners of parent was JPY 3,414 million compared to Net income attributable to owners of parent was JPY 305 million a year ago.
ROYAL HOLDINGS Co., Ltd. is a Japan-based company engaged in the restaurant business, contract business, in-flight meal business, hotel business and food business. The Company has five segments. The Restaurant segment is engaged in the operation of hospitality restaurants Royal Host and other chain restaurants, as well as beer restaurants, cafeterias and other specialty restaurants. The Contract segment is engaged in the provision of dining services for customers in airport terminal buildings, expressway service areas, commercial facilities, office buildings, nursing facilities and others. The In-flight Food segment is engaged in the provision of in-flight meal services for Fukuoka, Tokyo International and other airports. The Hotel segment is engaged in the operation of Richmond Hotel and other business hotels. The Food segment is engaged in the manufacture and sale of food for the restaurant and contract business. The Company is also engaged in the leasing of real estates.