Financial Performance - Revenue for the six months ended September 30, 2022, was HKD 1,494,720,000, a slight decrease of 0.1% compared to HKD 1,498,604,000 for the same period in 2021[18] - Gross profit for the period was HKD 137,216,000, down 12.8% from HKD 157,282,000 in the previous year[18] - Operating profit decreased to HKD 63,542,000, representing a decline of 22.5% from HKD 81,950,000 in the prior year[18] - Profit attributable to equity shareholders for the period was HKD 42,826,000, down 18.4% from HKD 52,493,000 in the same period last year[18] - Basic and diluted earnings per share were both 33.06 cents, compared to 40.52 cents in the previous year[19] - Total comprehensive income for the period was HKD 37,135,000, a decrease of 29.4% from HKD 52,695,000 in the prior year[21] - The group reported a pre-tax profit of HKD 47,338,000 for the six months ended September 30, 2022, down from HKD 65,906,000 in the previous year[40] - The group recorded a segment profit of HKD 68,663,000 from the Hong Kong restaurant segment, down from HKD 78,653,000 in the previous year[49] - The group’s revenue for the period ended September 30, 2022, was HKD 1.4947 billion, a slight decrease from HKD 1.4986 billion in the previous year[98] - Gross profit margin decreased to 9.2% compared to 10.5% in the previous year[98] - Profit attributable to equity shareholders decreased by 18.4% to HKD 42.8 million, down from HKD 52.5 million in the previous year[98] Assets and Liabilities - Non-current assets as of September 30, 2022, totaled HKD 1,490,364,000, down from HKD 1,567,784,000 as of March 31, 2022[23] - Current assets amounted to HKD 865,544,000, an increase from HKD 769,484,000 as of March 31, 2022[23] - Total liabilities were HKD 1,596,978,000, compared to HKD 1,562,032,000 as of March 31, 2022[25] - Total equity attributable to shareholders was HKD 699,930,000, down from HKD 714,236,000 as of March 31, 2022[27] - The total receivables as of September 30, 2022, amounted to 115,233 thousand HKD, a decrease from 144,664 thousand HKD as of March 31, 2022[75] - Accounts receivable decreased from HKD 17,288,000 as of March 31, 2022, to HKD 12,900,000 as of September 30, 2022, representing a decline of approximately 25.5%[76] - The group reported a total of HKD 413,426,000 in payables as of September 30, 2022, compared to HKD 344,428,000 as of March 31, 2022, indicating a rise of approximately 20.1%[79] Cash Flow - Cash generated from operating activities was HKD 414,871,000, an increase from HKD 358,089,000 in the previous year, reflecting a growth of approximately 15.8%[36] - The company incurred a net cash outflow from investing activities of HKD 77,949,000, compared to HKD 49,105,000 in the previous year, indicating an increase in investment expenditures[36] - The net cash outflow from financing activities was HKD 225,599,000, slightly improved from HKD 231,507,000 in the previous year[37] - As of September 30, 2022, cash and cash equivalents amounted to HKD 667,200,000, down from HKD 693,304,000 at the same time last year[37] - The group’s cash and cash equivalents amounted to HKD 697,959,000 as of September 30, 2022, compared to HKD 557,102,000 as of March 31, 2022[40] - Total cash and cash equivalents rose from HKD 557,102,000 to HKD 697,959,000, marking an increase of approximately 25.3%[78] Dividends and Shareholder Returns - The company declared dividends amounting to HKD 77,731,000 for the previous year, reflecting its commitment to returning value to shareholders[30] - The interim dividend declared was 0.18 HKD per share, totaling 23,320 thousand HKD, a decrease from 0.25 HKD per share and 32,388 thousand HKD in the previous year[63] - The interim dividend declared for the six months ended September 30, 2022, is HKD 0.18 per share, down from HKD 0.25 per share in the previous year, representing approximately 54% of the group's profit attributable to equity shareholders for the period[142] Operational Developments - The company plans to continue expanding its market presence and investing in new technologies to enhance operational efficiency[34] - The group opened nine new stores during the review period, including six in Hong Kong and three in mainland China[109] - The group has implemented various cost management measures to address rising food and labor costs, including seeking new suppliers and optimizing packaging[105] - New value meal options were introduced, such as breakfast and afternoon tea sets priced at HKD 27, and a dinner takeaway set priced at HKD 99[103] - The group is focusing on enhancing the attractiveness of dinner service offerings, particularly in a challenging economic environment[102] - The group continues to expand its breakfast and afternoon tea selections with new baked goods[102] - The group anticipates further growth in "Click-and-Collect" sales following the launch of a new application later in the year[103] Management and Governance - The company has complied with the applicable code provisions of the Corporate Governance Code during the six months ended September 30, 2022[145] - The audit committee, consisting of three independent non-executive directors, reviewed the unaudited financial information and interim results for the six months ended September 30, 2022[148] - The major shareholders as of September 30, 2022, include Neblett with 37.65% and HSBC International Trustee Limited with 42.79%[139] - The company has not granted any stock options under the 2021 Stock Option Plan since its adoption[132] - The company has no other arrangements that allow directors or executives to acquire shares in the company or its subsidiaries as of September 30, 2022[137] Market Outlook - The group is preparing for market opportunities in mainland China following the easing of pandemic restrictions, with a focus on operational efficiency[112] - The group is positioned for recovery despite ongoing economic challenges, indicating a stable end-of-period condition[112] - The group anticipates that the expected cash flows from operations will further strengthen its financial position over the next twelve months[40]

Financial Performance - Annual revenue increased by 8.9% to HK$2,881.9 million (2021: HK$2,646.5 million) [22] - Profit attributable to equity shareholders dropped by 72.2% to HK$42.6 million (2021: HK$153.6 million) [21] - Basic earnings per share decreased by 72.2% to HK32.91 cents (2021: HK118.59 cents) [23] - Gross profit margin decreased to 7.7%, compared to 12.4% in the previous year [43] - The Group's return on average equity fell to 5.7% in 2022 from 20.5% in 2021, indicating a significant decline in profitability [111] Financial Position - The group maintained a healthy financial position with cash and cash equivalents of HK$557.1 million as of March 31, 2022 [22] - The group had no bank borrowings and a nil gearing ratio as of March 31, 2022 [23] - Total assets as of March 31, 2022, were HKD 2.3373 billion, down from HKD 2.4480 billion in 2021 [99] - Current liabilities net amount was HKD 12.8 million, an increase from HKD 9.6 million in 2021 [99] - Cash and cash equivalents decreased by 10.5% to HKD 557.1 million from HKD 622.1 million in 2021 [99] Dividends - Proposed final dividend of HK40.0 cents per share, totaling HK65.0 cents for the year with a payout ratio of approximately 197% [23] - The Board recommended a final dividend of HK40.0 cents per share, down from HK60.0 cents in 2021, resulting in a total dividend of HK65.0 cents for the year [44] - The Company’s dividend proposal for the final dividend amounts to HK$51,821,000, down from HK$77,720,000 in the previous year [190] Impact of COVID-19 - The company faced unprecedented challenges in the last quarter due to the "fifth wave" of COVID-19 [21] - The group reported a significant decline in profit due to the impact of the pandemic on the food and beverage sector [21] - The final quarter of the year was severely impacted by the fifth wave of the pandemic, affecting overall performance despite satisfactory results in the earlier quarters [51] - Fairwood's Same Store Sales Growth (SSSG) fell from +17% in the first half to around +10% for the full 2021-22 year due to the impact of the fifth wave of COVID-19 [71] Operational Adjustments - Takeaway sales grew significantly due to restrictions on in-store dining, with a successful HK$99 for three dishes campaign launched in January 2022 [58] - The "Click-and-Collect" online ordering platform saw steady growth, with over 260,000 members recruited for the loyalty program [60] - The Group adapted to COVID-19 restrictions by launching new meal sets and improving product quality to attract younger diners [54] - The Group's focus on takeaway sales and digital enhancements helped counteract the negative impacts of pandemic measures on business performance [72] Cost Management - The Group faced steady rises in food and labor costs, prompting initiatives to optimize menus and enhance productivity in the central food processing plant [64] - Employee costs rose to approximately HK$1,004.5 million in 2022 from HK$734.3 million in 2021, an increase of 36.7% primarily due to government subsidies [127] - Food and staff costs are expected to rise further, but improvements in the rental market may help offset these increases [90] Expansion and Growth - The Group opened 11 new stores during the year, with 6 in Hong Kong and 5 in Mainland China, while closing 6 underperforming stores [77] - The Group's expansion plans in Mainland China continued, with 5 new stores opened despite the closure of one, resulting in a total of 20 stores [76] - The group plans to establish a profitable network of 30 stores in Mainland China by the end of 2022 [91] - The store model in Mainland China is smaller and allows for quicker openings at lower costs compared to Hong Kong [91] Corporate Governance - The company emphasizes corporate governance with a well-structured board comprising various committees including Audit and Remuneration Committees [144] - The management team has extensive experience across different sectors, enhancing the company's strategic direction and operational efficiency [139] - The board includes members with significant academic qualifications, ensuring informed decision-making and strategic oversight [147] Community Engagement - The Fairwood Care For Seniors Card membership increased to approximately 323,000, reflecting the community engagement efforts [83] - The Group is committed to supporting environmental protection and complying with relevant regulations, with detailed information to be provided in the Environmental, Social and Governance Report [166] Leadership - Mr. Dennis Lo Hoi Yeung has been with the company since its listing in 1991 and has held various leadership roles, including Executive Chairman since January 2000 [133] - Mr. Lo Fai Shing Francis, appointed as CEO on April 1, 2020, has over four years of experience in the food and beverage industry prior to joining the company [134] - The company has maintained a stable leadership structure, with key executives having long tenures and deep industry knowledge [133][134]

N 208-120 U U U l = N SOY INK 大 快 活 集 團 有 限 公 司 ( 於 百 慕 達 註 冊 成 立 之 有 限 公 司 ) 1 大快活集團有限公司 中期業績報告 2021/2022 目錄 公司資料 2 綜合損益表 3 綜合損益及其他全面收益表 4 綜合財務狀況表 5 綜合權益變動表 7 簡明綜合現金流量表 10 未經審核中期財務報告附註 11 致大快活集團有限公司董事會獨立審閱報告 27 管理層討論及分析 29 其他資料 36 | --- | |----------| | | | | | 公司資料 | 獨立非執行董事 吳志強 陳棨年 劉國權 尹錦滔 審核委員會 尹錦滔（主席） 吳志強 陳棨年 薪酬委員會 陳棨年（主席） 吳志強 劉國權 提名委員會 羅開揚（主席） 劉國權 尹錦滔 公司秘書 麥綺薇 核數師 畢馬威會計師事務所 於《財務匯報局條例》下的 註冊公眾利益實體核數師 | --- | |-------------------------------------------------------------------------------------| | | | | ...

2020 · 21 年 報 Annual Report 大快活 Fairwood 大 快 活 集 團 有 限 公 司 FAIRWOOD HOLDINGS LIMITED ( 於百萬 建 註 用 成立之 有限公司 ) (Incorporated in Bermuda with Limited Liability) 股票编號 Stock code：52 6 Se Rounders Bearing States 目 錄 Contents 2 公司資料 Corporate Information 9 | --- | --- | --- | --- | |-------|------------------------------------------------------|-------|----------------------------------------------------------------------------| | | | | | | | | | | | | 4 摘要及財務日誌 Highlights and Financial Calendar | | | | | 8 主席報告 Ch ...

2020-2021 報告 大 快 活 集 團 有 限 公 司 ( 於 百 慕 達 註 冊 成 立 之 有 限 公 司 ) ( 股 份 代 號 : 5 2 ) 大快活集團有限公司 中期業績報告2020/2021 目 錄 公司资料 2 綜合損益表 3 綜合損益及其他全面收益表 4 綜合財務狀況表 5 綜合權益變動表 7 簡明綜合現金流量表 10 ิ 11 29 致大快活集團有限公司董事會獨立審閱報告 管理層討論及分析 31 其他资料 38 1 主要銀行 中國銀行(香港)有限公司 東亞銀行有限公司 法國巴黎銀行香港分行 中國建設銀行(亞洲)股份有限公司 劇與銀行有限公司 大新銀行有限公司 恒生銀行有限公司 香港上海滙豐銀行有限公司 三菱UFJ銀行 渣打銀行(香港)有限公司 UBS AG 註冊辦事處 Victoria Place, 5th Floor, 31 Victoria Street Hamilton HM10, Bermuda 總 辦 事 處 及 主 要 營 樂 地 點 香港北角丹拿道十八號 愛群商業中心二樓 主要股份登記及過戶處 Ocorian Management (Bermuda) Limited 前稱 ...

大快活 Fairwood 大 快 活 集 團 有 限 公 司 FAIRWOOD HOLDINGS LIMITED (於黃慕蘿蔔成立之有限公司) (Incorporated in Bermuda with Limited Lisbility) 股票編號 Stock code：52 2019-2020 - 年報 ANNUAL REPORT the 0 Post g State 25 Printer the Mark Allegal Property 9, d giller tion S y 目錄 Contents 2 公司資料 Corporate Information 4 摘要及財務日誌 Highlights and Financial Calendar 8 主席報告 Chairman's Statement 19 財務回顧 Financial Review 22 董事個人資料 Profile of Directors 27 董事會報告 Report of the Directors 41 企業管治報告 Corporate Governance Report 59 獨立核數師報告 Independent Aud ...

2019 2020 中期業績 報告 大陸 大 快 活 集 團 有 限 公 司 （ 於 百 慕 達 註 冊 ) 成 立 之 有 限 公 司 ) （ 股 份 代 號 : 5 2 ) 大快活集團有限公司 中期業績報告2019/2020 目 錄 公司资料 2 綜合損益表 3 綜合損益及其他全面收益表 4 綜合財務狀況表 5 綜合權益變動表 7 簡明綜合現金流量表 10 未 經 審 核 中 期 財 務 報 告 附 註 11 致大快活集團有限公司董事會獨立審閱報告 36 管理層討論及分析 38 其他资料 46 1 | --- | --- | |-----------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

TFAS Fairwood 大 快 活 集 團 有 限 公 司 FAIRWOOD HOLDINGS LIMITED 2018 ** 2019 音樂 〈給 百萬 盒 熱 魚 皮 之 灰 康 公 用 》 { hcorporated in Bermuda with Limited Lisbility} 殼 素编號 Stock oode：52 W y f 4 2 *** in ( 20 77 9/11/1 ASSESS 12.0 A B A B A B .. mil A UN == TEN s E 1 ATE ttis 11 s 16 4 6 17 摘要及財務日誌 Highlights and Financial Calendar 主席報告 Chairman's Statement 36 52 企業管治報告 獨立核數師報告 Corporate Governance Report Independent Auditor's Report 62 64 65 綜合財務狀況表 Consolidated Statement of Financial Position 綜合權益變動表 Consolidated Statement ...