King House Co., Ltd. (hereinafter referred to as King House, stock code: 4419), a subsidiary of the Taiwan Steel Group, held a board meeting on the 6th and approved its consolidated financial report for the third quarter. For the third quarter, consolidated revenue reached NT$634 million, a remarkable growth of 618.17% compared to the same period last year. This growth was driven by strong performance during the summer peak season and various holiday events, contributing to outstanding results for the quarter.
The third-quarter net profit attributable to the parent company was NT$1.123 million, an increase of 170.06% compared to the same period last year. This improvement was mainly due to the sale of the Changhua Tuo Nong Road factory, which helped optimize the company’s asset utilization.
For the year-to-date period, consolidated revenue totaled NT$1.261 billion, a 342.86% increase compared to last year. However, the net profit attributable to the parent company for the year-to-date period was a loss of NT$27.95 million, a decrease of 202.26% year-over-year. The earnings per share (EPS) for the period was a loss of NT$0.18.
Looking ahead to the fourth quarter, as the year-end holiday season approaches, Burger King will launch a series of promotional meal deals to celebrate the festivities with customers. Additionally, the company anticipates strong business opportunities from year-end corporate banquets leading up to the 2025 Lunar New Year, expecting these events to provide another boost to performance and drive continued growth in operations.
Report for the third quarter 2024：
Unit：NTD, thousands, %
| Year/Period | 2024 | 2023 | Annual Growth Rate |
| Consolidated Revenue | 1,260,675 | 284,667 | 342.86％ |
| Gross Profit | 377,303 | 110,146 | 242.55% |
| Operating Income | -45,734 | 6,983 | -754.93％ |
| Income Before Tax | -12,291 | -2,163 | -468.24％ |
| Net Income Attributed to Shareholders of the Parent Company | -27,947 | -9,246 | -202.26％ |
| EPS | -0.18 | -0.24 | 25％ |