According to the Zhitong Finance APP, tastegourmet gp (08371) announced its interim results for the six months ended September 30, 2024, with revenue increasing by approximately 19.3% to 0.586 billion HKD. The profit attributable to the company’s owners slightly decreased year-on-year by about 4.3% to approximately 45.726 million HKD, with basic earnings per share of 12.1 HK cents and an interim cash dividend of 0.060 HKD per share.

The announcement stated that the revenue growth was attributed to the restaurants that opened in fiscal year 2025 operating for six months; and the new restaurants opened in the mid of fiscal year 2025. However, this increase was offset by a slight decrease in the average spending per customer from 246.6 HKD in the mid of fiscal year 2024 to 231.2 HKD in the mid of fiscal year 2025. The decrease in average spending was primarily due to the increased number of new QUE restaurants and new **** restaurants, which had lower average spending compared to existing restaurants, leading to a decrease in overall per capita consumer spending in the mid of fiscal year 2025.