King House Co., Ltd. (hereinafter referred to as King House, stock code：4419), a subsidiary of the Taiwan Steel Group, announced on the 9th that its consolidated revenue for September 2024 reached NT$196 million, representing a growth of 626.54% compared to the same period last year. September’s consolidated revenue decreased by NT$80 million compared to August, bringing the cumulative consolidated revenue to NT$1.26 billion, reflecting a year-on-year growth of 342.73%. The revenue performance shows steady development.
King House stated that the brand’s performance remained stable due to the peak season of the Mid-Autumn Festival. However, the overall revenue saw a decline this month due to increased operating costs resulting from the government’s electricity price hike in April and the rise in the minimum wage. To attract potential customers and retain existing ones in the second half of the year, the group has launched promotional vouchers for Burger King, aiming to reward long-term supporters and enhance brand loyalty.
Looking ahead to October, coinciding with the National Day holiday and the anniversary sales of major department stores, King House plans to introduce various new products. With the opening of new stores and the large foot traffic in shopping malls, the company expects to increase its market share and sees potential for revenue growth.
Statement of Operating Revenue of KH for September 2024：
Unit：NTD, thousands, %
| Year/Period | 2024 | 2023 | Annual Growth Rate |
| September | 196,406 | 27,033 | 626.54％ |
| January to September | 1,260,452 | 284,703 | 342.73% |