Dpc Dash (01405) rose more than 8% during the trading session, up 6.58% as of the time of publication, at 77.8 Hong Kong dollars, with a turnover of 19.944 million Hong Kong dollars.
According to the Zhitong Finance APP, Dpc Dash (01405) rose more than 8% during the trading session, up 6.58% as of the time of publication, at 77.8 Hong Kong dollars, with a turnover of 19.944 million Hong Kong dollars.
On the news front, on November 15th, as Domino's China unveiled its 1000th store in Chengdu, marking the company's official entry into the thousand-store milestone. Domino's China CEO Wang Yi previously stated that the company could open at least 5,000 stores in the Chinese market in the future. It is reported that Domino's China will add approximately 300 to 350 new stores each in 2025 and 2026, focusing its global strategy on the huge potential markets of new first-tier and second-tier cities. It is worth mentioning that Berkshire Hathaway's 13F report for the third quarter showed a new purchase of 3.7% of the outstanding shares of Domino's Pizza by the company.
In the first half of this year, the company's total revenue was 2.04 billion Chinese yuan, an increase of 48.3% year-on-year; net income and adjusted net income turned positive for the first time, achieving overall profitability. As of the third quarter of this year, Domino's China has maintained same-store growth for 29 consecutive quarters, with a membership of 21.7 million people. Sinolink Securities stated that the company's brand momentum is strong, with leading performance in same-store and new store openings, and the company's fundamentals are favorable. A research report from Minsheng Securities previously pointed out that the company has reached a profit turning point, the UE model continues to be optimized, and it is currently in a phase of new store growth, with many untapped markets waiting to be penetrated.