News / Taiwan / economic_daily
Gourmet Master Shares Hit Limit Up After Q2 Profits Reach Five-Year High
Consumer Services · Restaurants · economic_daily · 2026-08-21
2723
Gourmet Master reported a 188% year-over-year surge in Q2 net profit, driven by strong U.S. and Taiwan operations and successful restructuring in China, sending shares to a four-month high.
What Happened
Strong Financial Results: Gourmet Master reported a Q2 net profit of NT$338 million, a 188% year-over-year increase, with earnings per share reaching NT$1.88, the highest in five years. Despite an 8.3% decline in quarterly revenue, the company saw significant improvements in gross, operating, and net profit margins, indicating a more efficient cost structure.
Market Performance: The U.S. market remains the primary profit driver, accounting for 58% of total revenue as the company scales its operations. Meanwhile, the Taiwan market has maintained steady growth for seven consecutive quarters, with its contribution to total revenue rising to 20%.
China Market Restructuring: The company continues to refine its operations in China by exiting underperforming regions, reducing its store count to below 300. This strategy has led to improved average daily sales per store compared to last year, with expectations for a significant turnaround in profitability for the region.
Market Reaction: Shares of Gourmet Master surged to the daily limit of NT$73.2 following the earnings release. The stock broke through multiple moving averages, signaling strong bullish momentum and reaching its highest price level in over four months.