The Far Eastern Department Store Group is looking to expand its outlets
further in Taipei and New Taipei.

Reporting at its shareholders meeting today, Far Eastern chair Douglas Hsu
says in addition to the renovation of the Bao-qing Store in Xi-men-ding, a
new location will be added at Far Eastern T-PARK in Ban-qiao (板橋).

Its Garden City Taipei Dome Store was also partially open late last month.

Hsu says the group's department stores saw a robust growth last year with its
revenue reaching a historic high of nearly 50 billion NT, bringing its entire
retail group to achieve record hights in consolidated revenue and net profit
after tax.

He adds that the other two subsidiaries, A.mart and City’Super supermarkets,
also performed well with A.mart strengthening its online shopping, and
City’Super, positioned as a high-end brand, continued to see growth in
sales.








(JL)