Amalgamated Catering Management (China) Holdings Limited (the “Company”) announces its annual results for the year ended 31 December 2023. During the reporting period, the Group's revenue reached RMB5,917.962 million, an increase of 25.3% over the previous year. The total loss for the year was RMB194.445 million, a decrease of 41.3% from last year. The Company's owners incurred a total loss of RMB199,466 million for the year. A final dividend of RMB 0.028 per share is proposed for a total of RMB 30 million. In 2023, the Group will open 131 nursing restaurants, 48 Minotinato restaurants and 7 snack restaurants, and close 99 nursing restaurants and 15 Minotinato restaurants. The Group owns and operates 828 catering restaurants in 115 cities and three jurisdictions in 24 provinces and autonomous regions of Mainland China and 5 catering restaurants outside Mainland...Show More

Amalgamated Catering Management (China) Holdings Limited (the “Company”) announces its annual results for the year ended 31 December 2023. During the reporting period, the Group's revenue reached RMB5,917.962 million, an increase of 25.3% over the previous year. The total loss for the year was RMB194.445 million, a decrease of 41.3% from last year. The Company's owners incurred a total loss of RMB199,466 million for the year. A final dividend of RMB 0.028 per share is proposed for a total of RMB 30 million. In 2023, the Group will open 131 nursing restaurants, 48 Minotinato restaurants and 7 snack restaurants, and close 99 nursing restaurants and 15 Minotinato restaurants. The Group owns and operates 828 catering restaurants in 115 cities and three jurisdictions in 24 provinces and autonomous regions of Mainland China and 5 catering restaurants outside Mainland China. In addition, the Group also owns and operates 243 Minatomino restaurants in 52 cities and three jurisdictions in 25 provinces of China and 14 Minotinato restaurants outside mainland China. The Board of Directors proposes to amend the Articles of Association to comply with the latest regulatory requirements and applicable law of the Cayman Islands, which will be presented at the Annual General Meeting.