New Enjoy Era Group Limited (the "Company") announces the unaudited summary of its financial performance for the six months ended June 30, 2024. During the period, the Group recorded a revenue of approximately HK$122.9 million, a decrease of approximately 13.9% compared to the same period last year. The decrease was mainly due to a decline in tourist arrivals and the closure of the company's restaurant, "Agora," in October 2023. The cost of raw materials and consumables remained stable compared to the same period last year, while employee costs decreased by approximately HK$2.9 million due to the closure of "Agora." Property rental and related expenses slightly increased by approximately HK$0.7 million. The Company's attributable net profit was approximately HK$0.8 million, a decrease of...Show More

New Enjoy Era Group Limited (the "Company") announces the unaudited summary of its financial performance for the six months ended June 30, 2024. During the period, the Group recorded a revenue of approximately HK$122.9 million, a decrease of approximately 13.9% compared to the same period last year. The decrease was mainly due to a decline in tourist arrivals and the closure of the company's restaurant, "Agora," in October 2023. The cost of raw materials and consumables remained stable compared to the same period last year, while employee costs decreased by approximately HK$2.9 million due to the closure of "Agora." Property rental and related expenses slightly increased by approximately HK$0.7 million. The Company's attributable net profit was approximately HK$0.8 million, a decrease of approximately HK$3.5 million compared to the same period last year, mainly due to the decrease in revenue. The Board of Directors does not recommend the payment of dividends for the six months ended June 30, 2024. After the reporting period, Ms. Wong Pui Yan resigned as Chairman and Chief Executive Officer of the Board, and Mr. Liu Enyu and Mr. Kong Linglei were respectively appointed as Chairman and Chief Executive Officer. The Company now fully complies with the provisions of Code C.2.1 of the Corporate Governance Code. During the reporting period, the Group did not purchase, sell, or redeem any listed securities.