CAFE DE CORAL H's interim profit fell 28% year-on-year, with a dividend of HKD 0.15 per share

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2024.11.28 04:57
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CAFE DE CORAL H announced that its half-year profit for the period ending September fell 28% year-on-year to HKD 140 million, with revenue declining over 1% to HKD 4.26 billion, and gross margin decreasing by 1.8 percentage points to 10.3%. The performance in Hong Kong and mainland China dropped by 23% and nearly 5%, respectively. The group will continue to expand its store network in the Greater Bay Area, preparing for 10 new stores, hoping to regain growth momentum as the market recovers