King House Co., Ltd. (abbreviation：KH, stock code：4419), a catering company under Taiwan Steel Group, held a board meeting today (6th) to approve the consolidated financial report for the second quarter and the first half of the year. consolidated revenue for the second quarter was NTD 489 million, increased 429.34% compared with that of the same period last year, and which performance was outstanding because of the addition of its new restaurant. Net Income Attributed to Shareholders of the Parent Company in the second quarter was NTD -29.54 million, a decrease of 279.94% year on year, mainly due to the increase in the cost of food ingredients and electricity prices in summer. The cumulative revenue in the first half of the year was NTD 627 million, an increase of 219.23% over the same period last year,Net Income Attributed to Shareholders of the Parent Company in the first half of the year was NTD -29.07 million, a year-on-year decrease of 280.35%, and the EPS was NTD -0.18.
Looking ahead to the future, KH will accelerate the pace expansion of store. In addition, the company has launched various marketing activities as well as promoted diverse optimization and turned over a new leaf for its BU.
Report for the first half and second quarter 2024：
Unit：NTD, thousands, %
| Year/Period | 2024 | 2023 | Annual Growth Rate |
| Consolidated Revenue | 627,130 | 196,450 | 219.23％ |
| Gross Profit | 220,310 | 85,258 | 158.40% |
| Operating Income | (7,824) | 11,938 | -165.54％ |
| Income Before Tax | (13,736) | 3,499 | -492.57％ |
| Net Income Attributed to Shareholders of the Parent Company | (29,070) | (7,643) | -280.35％ |
| EPS | -0.18 | -0.20 | 10％ |