Taiwanesehandcrafted beverage brand Yummy Town-KY achieved its first-quarter turnaroundin core business profitability.
Coupled with the sale of its 70% equity stakein the Chinese business, the company reported a historic high in quarterlyearnings per share (EPS). The newly appointed General Manager, Jiang Xiyi,revealed that the company’s strategic focus includes implementing AI to enhanceoperational efficiency and aiming to secure management rights in multiple U.S.stadiums to deepen its market presence in the United States.
YummyTown -KY (2726) has emerged from a period of operational challenges. The profitfrom the sale of its 70% equity stake in the Chinese business, along with a returnto profitability in the core business after a three-year gap, resulted in aprofitable first quarter. The company achieved NT$129 million in quarterlyrevenue, a year-on-year decrease of 28.02%, and after-tax net profit ofNT$95.55 million. This turnaround from losses to profits in the same periodlast year lays the foundation for sustained operational growth this year, withearnings per share (EPS) reaching NT$3.69—a historical high for a singlequarter.
Happy Lemon Unveils Modern Store in Tustin, California
Under the warm Californian sun, a brand-new Happy Lemon store has officially opened its doors in Tustin! More than just a tea shop, this establishment embodies contemporary style and youthful energy.
Happy Lemon has undergone a complete transformation for this new venture. From the exterior facade to the interior decor, everything exudes a fashionable and vibrant ambiance. Bold colors and sleek design elements instantly convey the store’s vitality and creativity.
Quality has always been Happy Lemon’s hallmark. The new store takes this commitment even further! Whether it’s classic milk tea, fruity blends, or innovative specialty drinks, each cup is meticulously crafted. The friendly staff greets customers with smiles, ensuring top-notch service.