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The Last Stand: Closure of JCK’s Daidomon Branches Raises Concerns for Parent Company

Close another The last stronghold left in the land! Close additional Ubon “Daidomon” central branches. Keep an eye on the situation of the parent company After previously, “JCK” “Hot Pot” gradually closed down and found that accumulated losses had already exceeded 1.3 billion baht.

April 26, 2024 Facebook page “Grandfather” Announcing the closure of the Central Ubon branch The service will be provided until April 30, 2024, which is the last day. Enter the message: “Sorry for the inconvenience, Daidomon Korean Grill, Central Ubon Branch. I would like to inform you that the service will be closed. The service is available until April 30, 2024, which is the last day. Thanks to the customers who always support the shop well. You can use the services of the Future Park Rangsit branch: Floor B, Robinson Zone as usual.”

for “Grandfather” It is a grill style restaurant established in 1983. It is one of the first grill buffet restaurants in Thailand It was once well known and very popular Hot Pot Public Company Limited acquires Daidomon Group Public Company Limited on September 6, 2011 to complete the portfolio of grill style restaurants. From the beginning, he focused only on Suki-Shabu.

Soon after, JCK Hospitality Public Company Limited from the family “Taechaubon” then acquired Hotpot in 2018, changing the company name to JCK Hospitality Public Company Limited Aiming to conquer a variety of restaurant battlefields. It is no longer limited to just buffet, sukiyaki, or grilling. After that, we saw the variety of business portfolios in the JCK Group which ranged from Japanese food, Chinese food, to Italian food.

However, if you look at the past performance of the JCK Group, it is found that Still facing losses every year If counting back from 2014 to 2022, it was found that there was an accumulated loss of more than 1.3 billion baht The details of the income for the last 4 years are as follows:

Year 2019: Income 1,397 million baht net loss 158 million baht
Year 2020: Income 701 million baht net loss 142 million baht
Year 2021: Income 440 million baht net loss 257 million baht
Year 2022: Income 547 million baht net loss 214 million baht

For JCK Group’s main business, there is “hot pot” It is a Core Business, which occupies more than a share of the revenue. 50% of the income structure every year, but at the moment there are only 4 hot pot shops across the country. With a branch in Bangkok only one place Let’s keep an eye on the situation. What is JCK’s plan to modify the game? In a time when the restaurant market is fiercely competitive like this,

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