Pacific Bar (08432.HK) announced on June 28th that it achieved revenue of HKD 208 million for the annual period ending March 31, 2024, a 19% year-on-year increase. The company's owners had a profit of HKD 604,000 for the year, a 94% year-on-year decrease, and a basic earnings per share of 0.07 HK cents.

The announcement stated that the revenue from restaurant and bar operations for this year was HKD 207 million, an increase of approximately 19.0% compared to the previous year. The increase in revenue was mainly attributable to the end of the mandatory closure of all bars and taverns on May 18, 2022 ('the Mandatory Closure'), and the resumption of business by the Group on May 19, 2022, as well as the expansion of business by the Group in the current year.