La Kaffa International Co., Ltd. (hereinafter referred to as “La Kaffa,” stock code of Taipei Exchange: 2732) announced its operational results of the first three quarters of 2015. For the first three quarters of 2015, La Kaffa’s consolidated sales revenue was $1185 million, net operating profit $114 million, and net profit after tax $104 million (shareholders’ equity), increasing 22.5%, 33.73%, and 27.41% respectively compared to the same period of 2014. Its EPS was $3.75.
La Kaffa stated, due to the high season of tea drinks during the third quarter, which helped Chatime in the North Hemisphere create great sales, the sales had continue to increase. As Wagokoro Tonkatsu Anzu Ginza had contributed to the revenue because of its two stores, which were opened in Global Mall, Banqiao, and Ximen, Tainan respectively this September, both revenue and EPS had increased 22.55% and 13.64% respectively compared to the same period last year. Furthermore, Wagokoro Tonkatsu Anzu Ginza would open another store in Breeze Xinyi department stores, returning to Xinyi Special District, on November 5th. It would introduce the lobster and pork chop set on November 9th, which is limited to the Breeze Xinyi store. Wagokoro Tonkatsu Anzu Ginza planed to expand 13 stores in 2015, and five stores opened in the fourth quarter would greatly contribute to La Kaffa’s revenue in the fourth quarter.
In the fourth quarter, La Kaffa stated, it would not only introduce new brands, but also would upgrade the existing ones. On November 11th, the upgraded version of Chatime, Chatime Lounge, would be opened, and the first store would be located in the city where La Kaffa started, Hsinchu, which is also called Taiwan’s Silicon Valley. There would be seating areas, and light meals and snacks would be provided to create comfy atmosphere for tea drinking. The store would also work with local cultural industries to appreciate local culture and reinterpret Eastern tea drinking culture, so that a unique and perfect tea drinking experience could be provided to the customers.
In addition, known for its world standard operating procedures, Chatime would set a precedent for all handshake tea drink brands around the world to introduce refillable tea bags and instant products. These new products would be put on shelves of Carrefour around Taiwan since November 11th, which were its primary distribution channels for global sales, and it can be expected that these products would become one of La Kaffa’s important operational models.