Summary by Futu AI
Tanzi International ("Tanzi International" or "the Company") announced the interim performance for the six months ended September 30, 2024. Despite facing challenges, the company's revenue still achieved a growth of 1.2%, reaching 1403.5 million Hong Kong dollars. The interim profit for the period was 36.1 million Hong Kong dollars, a decrease of 55.8% compared to the same period last year. The Hong Kong market is the main source of income, contributing 93.9% of total revenue. The company actively expands into overseas markets by opening 3 stores in Australia and entering Malaysia. In addition, Tanzi International declared an interim dividend of 1.35 Hong Kong cents per share, with a dividend payout ratio of 50.0%. The company also acquired nine restaurants of Marugame Seimen in Hong Kong in November 2024, and plans to launch a new POS and CRM system in the second half of the 2025 fiscal year to enhance operational efficiency.