TAIPEI (Taiwan News) — Taiwan’s Feastogether Corp. plans to open 15 new outlets this year as it expands its buffet restaurant portfolio.

The restaurant group operates multiple brands, including buffet chains Eatogether, Inparadise, and Sunrise, which remain its main revenue drivers. As of February, the company had more than 100 locations across Taiwan, according to CNA.

Feastogether has already opened three outlets in the first quarter. In the second quarter, it plans to convert four locations of its Xiao Free hot pot brand into Doricious Steak to meet growing demand in the steak market.

The strategy is expected to support operational growth in the first half of the year. In the second half, Feastogether will accelerate store openings, including new locations for the buffet brands Sunrise and Siam More at Top City Taichung.

Chief Financial Officer Lee Shih-chiang (李世強) said the group is also evaluating new brands, including Hong Kong-style dining and premium tea beverage concepts that could launch later this year. Feastogether’s centralized kitchen system allows it to maintain operational efficiency while expanding its store network, he added.

With the expansion of outlets and brands, the company expects continued revenue and profit growth this year. Annual revenue is projected to challenge NT$13 billion (US$407.5 million), compared with NT$11.7 billion last year.

In the first two months of the year, the company recorded consolidated revenue of NT$2.55 billion, a 27.62% increase from the same period a year earlier, supported by strong dining demand during holidays and the gradual contribution from newly opened outlets.

The company was registered on the Taipei Exchange emerging stock market in late January. It plans to submit an application for listing in July, with the goal of going public before the end of the year.