According to the Zhitong Finance App News, MS CONCEPT (08447) announced the first quarter results for the three months ended June 30, 2023. The group achieved HK$56.878 million during the period, an increase of 4.17%; shareholders' losses accrued at HK$1.703 million; shareholders' profit for the same period last year was HK$4.053 million, profit to loss; a basic loss of HK$0.17 cents per share.

According to the announcement, the increase in revenue was mainly due to the increase in the number of customers at the Group's restaurants due to the recovery after the COVID-19 pandemic, and the restaurant operating under the “Chun Dian” brand in Tsing Yi, Tsing Yi, began operating in July 2022. Some of the impact was offset by restaurants operating under the “Marbling” brand in Causeway Bay and Kwai Fong MS, which closed in January 2023 and May 2023, respectively.