M&A and high season effects make revenues of La Kaffa hit a record high in April.

2018-05-09
[媒體報導]

Chatime's expansion into overseas maps has accelerated this year. Chatime is a subsidiary of La Kaffa.  Profile photo

La Kaffa International (2732) announced that due to the benefits of mergers and acquisitions and the expansion of global stores, its consolidated sales revenue of April 2018 was 291 million, increasing 61.65% compared to the same period last year, and the consolidated sales revenue of the first four months of the year was 1.08 billion, increasing 53.57% compared to the same period last year, both hitting record highs.

 

Supervisor of La Kaffa pointed out that the revenue stayed positive, the main growth momentum came from the positive effects brought by the acquisition of Re Light in China and the global expansion of stores in the beginning of the year, while the industry entered its peak season to drive the revenue. Chatime's expansion into overseas maps has accelerated this year, including Paris (France), Perth (Australia), London (UK), New York (USA), Sultanate of Oman, Hangzhou (China), Yokohama (Japan), Tokyo (Japan), Daegu (Korea), and so on. The four continents are comprehensively deployed, opening new stores at an average of 1.5 store per day, which makes brilliant results.

 

In addition, the "Heilongtang" and "GOMAX", which were incorporated into the business map at the beginning of the year, also showed a rapid growth in China's market share. In addition to actively expanding the Chatime brand, La Kaffa will also speed the pace in expanding "Bake Code" stores. After three years of operational optimization and adjustment, the Taipei Xihu Store officially opened on May 2nd. The opening performance has been better than expected, optimistic about its operational growth momentum. It is expected to become the company's next star brand.

 

Looking forward to the second season, the La Kaffa Supervisor said that it will enter the industrial market peak season, when the demand for tea, desserts, and meals is strong, and the global expansion of the company will keep going, which will highly increase the business income. La Kaffa has a competitive advantage in diversification brands, and its growth momentum is expected to continue to rise on quarter bases.  (Lin, Hai/reporter in Taipei)

 


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