In 2023, we achieved remarkable operating performance, particularly following the lifting of pandemic restrictions and the reopening of borders, leading to an overall economic recovery. The Group's consolidated operating revenue and net profit after tax in 2023 reached record highs on a comparable basis.
In 2023, Regent Taipei's room revenue nearly returned to pre-pandemic levels. Additionally, with a rise in demand for business events like year-end banquets, large conferences, and exhibitions, our catering revenue saw significant growth. Despite some impact from outbound travel on Taiwan's domestic leisure market, our properties focused on domestic travel—Silks Place Taroko, Silks Place Tainan, Wellspring by Silks, and several Just Sleep branches—surpassed their revenue from the previous year, demonstrating solid performance.
In 2023, Silks Hotel Group's consolidated operating revenue reached NT$6,765,042,000 (including NT$3,313,245,000 in catering revenue, NT$2,504,117,000 in room revenue, and NT$947,680,000 in other revenue). Net profit after tax reached NT$1,908,685,000, representing a 46.35% increase compared to the previous year. The increase in net profit after tax was mainly attributed to the post-pandemic recovery and the growth in catering, accommodation, and boutique revenue.
2023 Operating Performance Chart
Item | 2021 | 2022 | 2023 |
---|---|---|---|
Catering Revenue | 2,857,441 | 2,829,445 | 3,313,245 |
Room Revenue | 1,378,058 | 1,896,333 | 2,504,117 |
Other Revenue | 695,195 | 871,545 | 947,680 |
Group Consolidated Operating Revenue | 4,930,694 | 5,597,323 | 6,765,042 |
Group Consolidated Profit Before Tax | 2,401,535 | 1,304,188 | 1,908,685 |
Unit: Thousand New Taiwan Dollars