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Wang Pin and Hi-Lai Foods Report Strong Q3 Earnings Growth
Consumer Services · Restaurants · economic_daily · 2026-11-05
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Restaurant giants Wang Pin and Hi-Lai Foods posted solid Q3 results, driven by store expansion and robust dining demand, with both companies showing strong year-to-date profit growth.
What Happened
Financial Performance: Wang Pin achieved a record-breaking quarterly revenue of NT$6.61 billion in Q3, with earnings per share (EPS) of NT$4.46. Hi-Lai Foods reported Q3 revenue of NT$1.789 billion, a 22% year-on-year increase, with an EPS of NT$1.99, both benefiting from new location openings and festive demand.
Growth Momentum: Both catering groups demonstrated strong profitability in the first three quarters. Wang Pin has maintained its streak of earning more than one share of capital for four consecutive years, while Hi-Lai Foods' nine-month EPS of NT$11.20 has already surpassed its total profit for the previous year.
Expansion Strategy: Hi-Lai Foods attributed its Q3 revenue growth primarily to the opening of the Taichung Hanshin Intercontinental Shopping Plaza and the continued expansion of its restaurant brands. This strategic footprint growth has successfully driven both revenue scale and overall profitability.
Future Outlook: Looking ahead to Q4, both groups are continuing their aggressive expansion strategies. They remain optimistic about the upcoming year-end banquet and holiday dining season, which are expected to provide further momentum for their operational growth.