Moreover, the current poor consumer sentiment may delay any fast expansion for the two new businesses, he added.
Gourmet Master operates 732 shops worldwide, with 347 in Taiwan, 374 in China, five in Australia, three each in Hong Kong and the US.
Shares of the company closed unchanged on NT$190 on Friday, although they ended 6.4 percent lower for the whole of last year, the Taiwan Stock Exchange's data showed.
Additional reporting by Amy Su
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