Wangpin Group announced on November 9 that its October consolidated revenue reached NT$2.13 billion, representing an 8% year-over-year increase and marking the ninth consecutive month of record-breaking performance for the same period. The Taiwan operations generated NT$1.72 billion in October, up 6.91% year-over-year, while China operations contributed NT$410 million, up 12.77% year-over-year. The strong October performance was driven by increased dining activity during the National Day and Retrocession Day holiday period. This milestone extends Wangpin's growth trajectory, with cumulative January-October revenue surpassing the NT$20 billion threshold for the first time.
Wangpin October Revenue Reaches NT$2.13 Billion Across Taiwan and China Operations
In October, Wangpin's Taiwan operations recorded NT$1.72 billion in revenue, a 6.91% year-over-year increase, continuing a nine-month streak of same-period records. The holiday-driven dining surge benefited gathering-focused brands including Chamonix, R次方, Qing Hua Jiao, and Wagyu Shabu, which collectively generated 13 locations exceeding NT$10 million in monthly sales. China operations maintained steady growth with October revenue of NT$410 million, up 12.77% year-over-year.
Wangpin Cumulative January-October Revenue Surpasses NT$20 Billion Milestone
For the January-October period, Wangpin's consolidated revenue across Taiwan and China reached NT$21.67 billion, up 12.56% year-over-year, marking the first time the group has exceeded NT$20 billion in cumulative ten-month revenue. Taiwan operations contributed NT$17.49 billion, up 10.67% year-over-year, while China operations generated NT$4.18 billion, up 21.23% year-over-year.
Wangpin Launches Seasonal Menus and Pokemon Collaboration for Q4
For Q4, Wangpin will continue store expansion and introduce autumn-winter specialty menus alongside brand collaboration marketing activities. Teppanyaki Akasaka launched its new autumn-winter menu "Fire Art Feast" featuring king crab legs as a complimentary dish. Wangpin Steak introduced a "Japanese Domestic F1 Beef and Hokkaido Scallops with Hiroshima Oysters" dual-person main course with lobster complimentary dish, targeting holiday celebration dining occasions. Three brands—Shi Er Guo, 12mini Express Hot Pot, and Pintian Ranch—partnered with the Pokemon IP, incorporating Pokemon elements into store decorations and menu items, generating immediate social media buzz upon launch.
FAQ
What was Wangpin Group's October revenue performance?
Wangpin Group's October consolidated revenue reached NT$2.13 billion, an 8% year-over-year increase, marking the ninth consecutive month of record-breaking same-period performance. Taiwan operations generated NT$1.72 billion (up 6.91% YoY) and China operations contributed NT$410 million (up 12.77% YoY).
How much revenue did Wangpin generate in the first ten months?
Wangpin's cumulative January-October consolidated revenue reached NT$21.67 billion, up 12.56% year-over-year, surpassing the NT$20 billion milestone for the first time. Taiwan operations contributed NT$17.49 billion (up 10.67% YoY) and China operations generated NT$4.18 billion (up 21.23% YoY).
