Off-Season Not Dull: Wowprime and FamilyMart Restaurant Group Achieve Strongest Q1 Revenue

Wowprime announced March revenue of NT$453 million and Q1 revenue of NT$1.653 billion, both setting new records for the period. FamilyMart Restaurant Group also achieved record Q1 revenue of NT$721 million due to expansion. While most restaurant groups reported strong Q1 performance, including Shin Yeh Group and Royal Group, Gourmet Master Co. and Zhumian Catering Group saw declines due to market adjustments in China and brand restructuring.
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  • 📰 Published: April 10, 2026 at 19:49
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Wowprime today announced March revenue of NT$453 million and Q1 revenue of NT$1.653 billion, both setting new records for the same period. Wowprime stated that this was driven by increased demand for dining out due to warmer weather, strong performance from its first US store's trial operation, and the benefits of its global R&D center.

FamilyMart Restaurant Group benefited from store expansion, with consolidated March revenue of NT$231 million, an 8.73% year-on-year increase, setting a new record for the same period. Cumulative Q1 revenue reached NT$721 million, an 11.68% year-on-year increase, setting new records for both the same period and the single quarter. Regarding store expansion, FamilyMart noted that Ootoya's Taichung Showtime Wenxin store opened in March, bringing the total number of Ootoya brand stores nationwide to 53, injecting new growth momentum into revenue.

Shin Yeh Group's March revenue was NT$1.035 billion. Driven by store expansion and same-store growth, single-month revenue increased by 22.38% compared to the same period last year. Q1 revenue was NT$3.585 billion, a 26.06% year-on-year increase.

Restaurant group Royal Group's consolidated March revenue was NT$127 million, a 33.66% year-on-year increase. Q1 consolidated revenue was NT$469 million, a 16.67% year-on-year increase, both setting new records for the same period. This was mainly due to upgraded banquet services, leading to strong growth in year-end and spring banquet bookings, as well as the effective layout of brand restaurants and strong sales of Wagyu retail products.

Royal Group stated that it will continue to promote brand expansion plans this year. 'Yami' is expected to open two more branches; seafood brand 'Ding Xian Tainan Dan Zai Mian' is expected to enter the Taipei Xinyi District department store area in the first half of the year; Japanese yakiniku brand 'Yakiniku Gyusho Shin' is expected to enter Taipei Chun Dazhi Mall in May; and travel service brand 'Yuyi' will enter the corporate employee travel market, combining the group's catering and banquet resources to expand new B2B growth curves.

Emerging stock market restaurant operator Kanpai's self-reported consolidated March revenue was NT$360 million, a 1.97% year-on-year increase. Q1 consolidated revenue reached NT$1.206 billion, a 4.89% year-on-year increase, with both single-month and Q1 revenue setting new second-highest records for the same period.

Kanpai stated that in March, the group's overall revenue continued to grow steadily, benefiting from store expansion in Taiwan and stable growth momentum in its external sales business. Among them, the Japanese hot pot brand 'Kuromaya' saw a 40% revenue increase, driven by a 30% year-on-year increase in the number of branches. Kanpai Group currently has a total of 66 stores worldwide, including 57 in Taiwan, 8 in mainland China, and 1 in the UK.

Kai Zhan Catering Group's self-reported consolidated March revenue was NT$176 million, a 12.05% year-on-year increase. Q1 consolidated revenue reached NT$581 million, a 13.68% year-on-year increase compared to the same period last year, with both March and Q1 revenue setting new records for the same period.

Gourmet Master Co. (85°C) reported consolidated March revenue of NT$1.39 billion, a 21% year-on-year decrease, mainly reflecting the ongoing profit structure adjustment period in the Chinese market, where revenue contribution has nearly halved compared to the same period last year. In Q1 this year, the proportion of consolidated revenue from mainland China fell to 27%, while the US and Taiwan markets contributed 54% and 19% of revenue, respectively.

Gourmet Master Co.'s 85°C brand had two new stores in Washington State and Texas begin trial operations in the US market in March, increasing the number of stores to 90. The pace of new store openings is expected to accelerate from Q2, aiming to exceed 100 stores by year-end. In the Taiwan market, new store formats continue to be introduced, resulting in six consecutive quarters of positive revenue growth. As of the end of March this year, the number of 85°C stores in mainland China has fallen below 300.

Zhumian Catering Group continues to accelerate its transformation and optimization. After adjusting its 18 brand stores and brand structure, it has entered a harvest phase. Consolidated March revenue was NT$321 million, a 20% year-on-year decrease. Q1 consolidated revenue was NT$1.087 billion, an 18% year-on-year decrease. (Editor: Chang Liang-chih) 1150410

FAQ

What was Wowprime's Q1 2025 revenue?

Wowprime's Q1 2025 revenue was NT$1.653 billion, setting a new record for the same period.

Why did Gourmet Master Co.'s revenue decrease?

Gourmet Master Co.'s revenue decreased mainly due to the profit structure adjustment period in the Chinese market, where revenue contribution nearly halved compared to the same period last year.