Tang Palace Warns of Deeper 2025 Loss as Revenue Falls and Store Count Shrinks
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Tang Palace (China) Holdings Limited reported a 12.4% decline in revenue for 2025, totaling RMB894.6 million, alongside a widened net loss of RMB59.1 million. The company reduced its store count to 30 self-owned and 12 joint-venture restaurants, reflecting ongoing network rationalization. The board proposed no final dividend, citing operational challenges and investment losses. Analysts currently rate the stock as a Hold with a price target of HK$0.19. The group's performance is closely linked to consumer spending and cost pressures in the dining market.
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