2023-12-11-港交所-大家乐集团_2023_24中期报告_74页_3mb

Summary of Annual Report 2023/24

1. Financial Performance

As of September 30, 2023, the Group recorded revenue of HK$4,318.6 million, increasing by 10.8% compared to the previous year. Profit attributable to equity holders reached HK$200.6 million, reflecting an 84.4% increase. The Group did not rely on government COVID-19 subsidies, which helped maintain consistent growth.

During the first half of 2023/24, the Group demonstrated a strong performance across segments, attributed to strategic initiatives such as digitalization, automation, cost control, and effective marketing campaigns. This has contributed to improved gross profit margins and enhanced operational efficiency.

2. Business Highlights:

• Revenue Growth: Total revenue growth of 10.8% primarily driven by expansion in both Hong Kong and Mainland China.
• Operational Measures: Implemented comprehensive cost measures, including supply chain efficiency improvements, to boost margins.
• Market Recovery: Both regions showed significant improvement, with notably higher sales in leisure dining and retail catering.

3. Segment Analysis

The Group's segments contributed as follows:

• Hong Kong: Faster revenue and profit growth, with increased occupancy and innovation.
• Mainland China: Increased focus on the Greater Bay Area resulted in strong sales performance.

4. Financial Ratios and Risk Management

The Group maintains healthy liquidity and financing capabilities. The net current liabilities were HK$461 million as of September 30, 2023. The Company is actively managing risks associated with operational aspects, market volatility, and ensuring liquidity stability.

5. Future Outlook

The outlook remains optimistic. The Group is committed to sustainable expansion, focusing primarily on capacity, technological integration, and brand building. The Company anticipates resilience in strategic regions like Hong Kong and Mainland China.

6. Governance and Dividends

The Board declared a HK15 cents interim dividend per share, representing a 50% increase compared to the interim dividend of HK10 cents in 2022. The Company also operates under a robust governance framework.

Contact for Full Report:
Victoria Place, 5th Floor
Victoria Street
Hamilton HM 10, Bermuda