Cafe de Coral Group (00341) announced that the group expects to achieve a review period ending on September 30, 2024...
According to the announcement from Cafe de Coral Group (00341), the group expects that the shareholders' attributable surplus for the six months ended on September 30, 2024 will not decrease by more than 30% compared to the shareholders' attributable surplus for the six months ended on September 30, 2023, which was 0.201 billion Hong Kong dollars.
The announcement stated that against the backdrop of weak economy and the increasing overseas consumer habits, the group's surplus decreased during the review period. The main reason was a more severe than expected decline in the overall dining industry in the first quarter of this fiscal year, coupled with the impact of a high base brought about by the strong sales recovery after the lifting of epidemic-related restrictions in the same period last year.