Chuyu Restaurant Group to Go Public on June 26, Aiming for $1.2 Billion Revenue
Chuyu Restaurant Group, specializing in high-end omakase cuisine, has announced its official listing on the emerging stock market on June 26. Established in 2015, the group now boasts 7 brands and 39 outlets, demonstrating a solid growth trajectory in the Taiwanese market.
The group's brands include 'Chuyu Sushi' and 'Chuyu Teppanyaki', focusing on the high-price Japanese dining segment and attracting a stable customer base. The group expects to achieve NT$10 billion in revenue by 2024 and aims to grow to NT$12 billion by 2025, marking an annual growth of 20%.
In addition, management is optimistic about reaching an earnings per share (EPS) of NT$2 by 2025, highlighting robust growth potential. As demand for high-end omakase dining rises, the stable growth of Chuyu Group is generating investor interest.
