Royal Holdings Co., Ltd. Provides Earnings Guidance for the Six Months Ending June 2020
May 13, 2020
Share
Royal Holdings Co., Ltd. Provided Earnings Guidance for the Six Months Ending June 2020. For the year, The company expects Net sales to be JPY 39,000 million. Operating loss to be JPY 13,800 million. Ordinary loss to be JPY 14,500 million. Net loss attributable to owners of parent was JPY15,500 million. Net income attributable to owners of parent to be JPY 415.17 million.
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.