Restaurant operator Hi-Lai Foods Co Ltd (漢來美食) yesterday said that it plans to open three new restaurants in November amid steady sales growth this year.
“We plan to open one vegetarian and one hot pot restaurant in Kaohsiung’s Hanshin Department Store (漢神百貨), and a dumpling restaurant in Taoyuan’s Taimall Family Entertainment Shopping Mall (台茂購物中心) later this year,” a public relations official told the Taipei Times by telephone.
The third, a vegetarian restaurant, would serve dishes with the “five pungent spices” — onions, garlic, chives, green onions and leeks — and aims to differentiate itself from Hi-Lai’s seven existing vegetarian restaurants that do not provide the pungent vegetables, said the official, who asked to remain anonymous.
Hi-Lai as of last month operated 38 regular chain restaurants in Taiwan, two franchises in Shanghai and one in Bangkok, she said, adding that the company is evaluating new opportunities in Shanghai.
Consolidated revenue last month rose 12.64 percent year-on-year to NT$310.2 million (US$9.95 million), with cumulative revenue up 7.53 percent to NT$1.9 billion in the first six months, thanks to contributions from the opening of the fourth and fifth outlets of Cantonese restaurant Celebrity Cuisine (名人坊) in Taipei, the company said on Monday.
The renovated Harbour Restaurant (漢來海港) in Kaohsiung’s Grand Hi-Lai Hotel (漢來大飯店) and another restaurant in Taichung’s Kuang San Sogo Department Store (廣三SOGO) also attracted customers and contributed to sales, the company said.
Harbour Restaurant contributed 51 percent of Hi-Lai’s sales last year, while International Banquet Hall (漢來宴會廳), Celebrity Cuisine, Hi-Lai Vegetarian Restaurant and Cantonese Jade Garden Restaurant (翠園) made up about 39 percent, it said.
Hi-Lai shares closed up 0.35 percent at NT$144 in Taipei trading yesterday, up 16.6 percent so far this year.
Elon Musk’s lieutenants have reached out to chip industry suppliers, including Applied Materials Inc, Tokyo Electron Ltd and Lam Research Corp, for his envisioned Terafab, early steps in an audacious and likely arduous attempt to break into the production of cutting-edge chips. Staff working for the joint venture between Tesla Inc and Space Exploration Technologies Corp (SpaceX) have sought price quotes and delivery times for an array of chipmaking gear, people familiar with the matter said. In past weeks, they’ve contacted makers of photomasks, substrates, etchers, depositors, cleaning devices, testers and other tools, according to the people, who asked not to
Taichung reported the steepest fall in completed home prices among the six special municipalities in the first quarter of this year, data compiled by Taiwan Realty Co (台灣房屋) showed yesterday. From January through last month, the average transaction price for completed homes in Taichung fell 8 percent from a year earlier to NT$299,000 (US$9,483) per ping (3.3m²), said Taiwan Realty, which compiled the data based on the government’s price registration platform. The decline could be attributed to many home buyers choosing relatively affordable used homes to live in themselves, instead of newly built homes in the city’s prime property market, Taiwan Realty
The government yesterday approved applications by Alphabet Inc’s Google to invest NT$27.08 billion (US$859.98 million) in Taiwan, the Ministry of Economic Affairs said in a statement. The Department of Investment Review approved two investments proposed by Google, with much of the funds to be used for data processing and electronic information supply services, as well as inventory procurement businesses in the semiconductor field, the ministry said. It marks the second consecutive year that Google has applied to increase its investment in Taiwan. Google plans to infuse NT$25.34 billion into Charter Investments Ltd (特許投資顧問) through its Singapore-based subsidiary Fructan Holdings Singapore Pte Ltd, and
JET JUICE: The war on Iran’s secondary effects have seen fuel prices skyrocket, knocking flight schedules down to earth in return as airlines struggle with costs Airline passengers should brace for more irritation in the next few months as carriers worldwide cancel flights and ground planes to cope with stratospheric increases in jet-fuel prices. Dutch flag carrier KLM is the latest company to cut its schedule, saying on Thursday that it would scrap 80 return flights at Amsterdam’s Schiphol Airport in the coming month. That puts it in the same league as United Airlines Holdings Inc, Deutsche Lufthansa AG and Cathay Pacific Airways Ltd, which have all pruned itineraries to mitigate costs. Global capacity for next month has been reduced by about 3 percentage points, with all