trending Market Intelligence /marketintelligence/en/news-insights/trending/_09roYvttdXWRgv5eced1A2 content esgSubNav
In This List

Agora Hospitality Q1 loss narrows YOY


Supplier Risk Indicator™

Case Study

A European Bank Leverages an AIF Scorecard to Help Meet Basel Regulatory Requirements


Private Markets 360 | Episode 6: Benchmarking private investment performance

Case Study

Powering the markets of the future with data and AI

Agora Hospitality Q1 loss narrows YOY

AGORA Hospitality Group Co. Ltd said its normalized net income for the first quarter amounted to a loss of 10 Japanese sen per share, compared with a loss of 18 sen per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of ¥27.8 million, compared with a loss of ¥48.4 million in the prior-year period.

The normalized profit margin rose to negative 1.4% from negative 2.5% in the year-earlier period.

Total revenue came to ¥1.95 billion, compared with ¥1.95 billion in the prior-year period, and total operating expenses rose on an annual basis to ¥1.88 billion from ¥1.86 billion.

Reported net income totaled ¥30.4 million, or 11 sen per share, compared to a loss of ¥170.0 million, or a loss of 62 sen per share, in the year-earlier period.

As of May 16, US$1 was equivalent to ¥108.83.