Royal Holdings Co., Ltd. Reports Consolidated Earnings Results for the Year Ended Dec. 31, 2019; Provides Consolidated Earnings Guidance for the Six Months Ending June 30, 2020 and Full Year Ending Dec. 2020; Announces Dividend for the Year Ended Dec. 31, 2019, Payable from March 26, 2020
March 13, 2020
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ROYAL HOLDINGS Co., Ltd. reported consolidated earnings results for the year ended Dec. 31, 2019. For the year, net sales were JPY 140,578 million against JPY 137,701 million reported a year ago. Operating Income was JPY 4,648 million against JPY 5,709 million reported a year ago. Net Income Attributable to Owners of the Parent was JPY 1,923 million against JPY 2,791 million reported a year ago. Net Income per share was JPY 51.54 against JPY 73.71 reported a year ago.
For the full year ending Dec. 2020, the company expects net sales of JPY 139,000 million, Operating Income of JPY 4,000 million, profit Attributable to Owners of the Parent of JPY 1,500 million and Net income per share of JPY 40.18.
For the six months ending June 30, 2020, the company expects net sales of JPY 66,400 million, Operating Income of JPY 650 million, profit Attributable to Owners of the Parent of JPY 50 million and Net income per share of JPY 1.34.
For the year ended Dec. 31, 2019, the company announced dividend of JPY 28.00 per share against the same paid a year ago. Expected starting date of dividend payment: March 26, 2020.
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.
Royal Holdings Co., Ltd. Reports Consolidated Earnings Results for the Year Ended Dec. 31, 2019; Provides Consolidated Earnings Guidance for the Six Months Ending June 30, 2020 and Full Year Ending Dec. 2020; Announces Dividend for the Year Ended Dec. 31, 2019, Payable from March 26, 2020