Twosome Place Reports Operating Profit of 32.7 Billion KRW Last Year... Largest Performance for 2 Consecutive Years

Operating Profit Up 25.2% Year-on-Year
Sales Reach 520 Billion KRW, Net Profit 24.4 Billion KRW
Impact of Products Like 'Seuchosaeng'

Twosome Place achieved its highest-ever performance last year.

Twosome Place announced on the 11th that its operating profit last year increased by 25.2% compared to the previous year, reaching 32.7 billion KRW. During the same period, sales rose by 8.32% to 520 billion KRW, and net profit increased by 36.4% to 24.4 billion KRW.

Exterior view of Twosome Place Gimpo DT branch. Twosome Place

It was explained that the success of signature products such as 'Seuchosaeng' and 'Abak', along with new products like 'Ashotchu' and 'Peach Fresh Cream Cake', drove the sales growth. In fact, sales of new products increased by 62% compared to the previous year, with consumer sales rising by 11% and same-store sales increasing by 7%. Especially, the holiday campaign held at the end of last year, featuring the newly launched 'White Seuchosaeng', resulted in the highest-ever whole cake sales in December since the company's founding, and the annual sales volume of the 'Seuchosaeng lineup' more than doubled compared to before the first campaign.

Digital transformation through the brand app and kiosks also showed results. Digital sales increased by 49%, and the brand app's monthly average users (MAU) rose by 15% compared to the previous year.

Twosome Place is preparing to open a flagship store in the second half of this year that consolidates the brand's identity and dessert competitiveness. Through this, the company plans to further solidify its position as a dessert-specialized brand.

Moon Young-joo, CEO of Twosome Place, said, "This achievement is the result of working together based on brand value, customer satisfaction, and trust with franchisees. We will continue to provide differentiated experiences as a premium dessert cafe and pursue sustainable growth based on mutual prosperity with partners and franchisees."