Cafe de Coral Reports Decline in Revenue Amid Market Challenges
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Cafe de Coral Holdings Ltd. reported a 5.4% decline in revenue to HK$4,036.2 million for the first half of FY2025/26, with adjusted EBITDA down 29.4% and profit dropping 67.6%. Challenges include market transformations, weak consumer sentiment, and competition. Despite this, the Casual Dining and Institutional Catering divisions performed well. The company aims to improve efficiency and growth through new business formats and optimizing supply chains. Analyst rating is Hold with a HK$6.50 price target.
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