TAIPEI (Taiwan News) — Family International Gourmet Co., a Taiwan FamilyMart subsidiary, reported revenue of NT$2.02 billion (US$62.5 million) in the first three quarters of this year, up 13.2% year-on-year.
The food company runs 74 stores in Taiwan, with its Japanese-style Ootoya restaurants expected to surpass 50 locations by year-end. Its after-tax profit for the first three quarters rose 22% from last year to NT$128 million, per CNA.
The company attributed the revenue growth to seasonal demand, new menus, and cross-brand collaborations, recording company-high sales and profit.
It highlighted marketing strategies to boost restaurant sales. Ootoya partnered with the Norwegian Seafood Council to launch a charcoal-grilled mackerel set. Ikigai, its Korean BBQ brand, offered a two-person set and extended hours during the Mid-Autumn Festival, setting single-day sales records at multiple stores.
Bb.q Chicken, another brand under the company, marked its sixth anniversary with NT$2,000 discount vouchers, also driving revenue growth.
The company is optimistic about the NT$10,000 cash handout in November, as well as upcoming department store anniversaries and year-end holidays. Its three restaurant brands plan to roll out discount vouchers and special set meals to continue driving growth.
On Monday, Taiwan FamilyMart Co. reported October revenue of NT$9.71 billion, up 6.9% year-on-year. Revenue for the first 10 months reached NT$90.93 billion, a 3.8% increase from the same period last year.
The company attributed the growth to strong sales of ready-to-eat meals, beverages, and collaborations with other food brands. During the Mid-Autumn Festival, it also launched in-store and online gift-box promotions, boosting sales more than twofold.
As of October, FamilyMart has 4,423 stores in Taiwan and plans to add around 100 this year, with 150 new locations expected annually starting next year.
