Taiwan Steel Group’s food and beverage subsidiary, King House Co., Ltd. (hereinafter referred to as Royal International Cuisine, stock code：4419), announced on the 10th that its consolidated revenue for August 2024 was NT$204 million, representing a growth of 596.15% compared to the same period last year. The August consolidated revenue decreased by NT$28 million compared to July. Cumulative consolidated revenue reached NT$1.064 billion, showing a year-on-year growth of 312.95%, reflecting outstanding performance.
King House stated that the summer dining peak, along with Father’s Day and Chinese Valentine’s Day, has driven growth in the restaurant industry, resulting in impressive revenue figures. Building on the strong revenue growth momentum from the first half of the year, the group is confident about the second half and will continue to operate under the principles of “diversity”, “freshness”, and “integrity” to further expand its performance.
Looking ahead to September, with the back-to-school season and the Mid-Autumn Festival approaching, King House’s brands, including Burger King and Chao Kang Cheng, are launching various marketing activities to accompany everyone as they prepare for the school year and celebrate the festival, aiming to meet consumer demands.
Statement of Operating Revenue Of KH for August 2024：
Unit：NTD, thousands, %
| Year/Period | 2024 | 2023 | Annual Growth Rate |
| August | 204,363 | 29,356 | 596.15％ |
| January to August | 1,064,046 | 257,670 | 312.95% |