Cafe de Coral Reports Decline in Revenue Amid Market Challenges
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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Cafe de Coral Holdings Ltd. ( (HK:0341) ) has provided an update.
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 attributable to shareholders dropping 67.6%. The company faced challenges due to structural market transformations, weak consumer sentiment, and fierce competition, impacting sales during peak periods. Despite these difficulties, the Casual Dining and Institutional Catering divisions performed well, showcasing the resilience of the company’s diversified strategy. The company is focusing on improving efficiency and growth through new business formats, consolidating underperforming outlets, and optimizing supply chains.
The most recent analyst rating on (HK:0341) stock is a Hold with a HK$6.50 price target. To see the full list of analyst forecasts on Cafe de Coral Holdings Ltd. stock, see the HK:0341 Stock Forecast page.
More about Cafe de Coral Holdings Ltd.
Cafe de Coral Holdings Ltd. is a company incorporated in Bermuda with limited liability, operating in the food and beverage industry. It offers a range of services including casual dining and institutional catering, with a market focus on Hong Kong and the Chinese Mainland, particularly in the Greater Bay Area.
Average Trading Volume: 1,310,713
Technical Sentiment Signal: Sell
Current Market Cap: HK$3.27B
For an in-depth examination of 0341 stock, go to TipRanks’ Overview page.
