CAFÉ DE CORAL HOLDINGS LIMITED 大 家 樂 集 團 有 限 公 司* (Incorporated in Bermuda with limited liability) Website: www.cafedecoral.com (Stock Code: 341) NOT IF I CAT ION L E TT ER 通 知 信 函 16 December 2025 Dear Registered Shareholder(s), Café de Coral Holdings Limited (the "Company") – Notice of Publication of Interim Report 2025/26 (the "Current Corporate Communication") We hereby notify you that the English and Chinese versions of the Company's Current Corporate Communication are available on the Company's websit ...

Financial Performance - The Group's revenue for the first half of FY2025/26 decreased by 5.4% to HK$4,036.2 million compared to HK$4,264.8 million in the same period last year[11]. - Adjusted EBITDA declined by 29.4% to HK$242.9 million, down from HK$343.8 million in the previous year[12]. - Profit attributable to shareholders decreased by 67.6% to HK$46.7 million, compared to HK$144.0 million in the prior year[12]. - The Group's profit attributable to shareholders, excluding fair value loss of investment properties, decreased by 59.4%[12]. - Basic earnings per share decreased by 67.3% to HK8.2 cents for the six months ended 30 September 2025 (2024: HK25.0 cents)[37]. - Total comprehensive income for the period was HK$54,139, down 59.5% from HK$133,917 in 2024[190]. - Gross profit for the same period was HK$329,368, down 24.7% from HK$437,425 in 2024[189]. - Operating profit decreased to HK$88,373, representing a decline of 53.5% from HK$189,916 in the previous year[189]. Market Conditions - The Group faced significant challenges due to structural transformation in the market, with weak inbound tourist consumption impacting sales during peak periods[11]. - The overall market conditions were marked by weak consumer sentiment and fierce price competition in the restaurant sector[13]. - The gross profit margin decreased to 8.2% for the six months ended September 30, 2025, down from 10.3% in 2024, primarily due to weak consumer sentiment and fierce price competition[25]. Business Operations - The Casual Dining division and Institutional Catering units performed better due to their simple operational models and stable demand[14]. - The Group continued stable network expansion in the Greater Bay Area despite a challenging economic environment in Mainland China[14]. - Management is focusing on improving efficiency by exploring new business formats and consolidating underperforming outlets[11]. - The Group is focusing on revamping existing business operations to enhance efficiency and drive growth while controlling overheads to improve margins[17]. - The Group's strategy includes exploring new business formats, consolidating underperforming outlets, and simplifying operations[20]. - The Group plans to consolidate lower-performing stores and identify high-traffic locations for new openings to drive future growth[120][124]. Dividends and Shareholder Returns - An interim dividend of HK10 cents per share was declared, down from HK15 cents in the previous year, with a payout ratio of 124.1%[11]. - Proposed dividends decreased from HK$145,001,000 to HK$58,000,000, indicating a significant reduction in shareholder returns[186]. - Interim dividend declared at HK10 cents per share, down from HK15 cents, with a payout ratio of 124.1%[38]. Digital Transformation and Technology - The Group's digital transformation initiatives improved overall store productivity and customer experience, enabling frontline staff to dedicate more time to customer service[85]. - The Group is implementing AI technology in its stores to optimize ventilation and air-conditioning systems, projecting energy savings of over 20%[113][114]. - Ordering kiosks have been rolled out to nearly all shops, with increasing customer usage, and enhancements to the mobile app ordering interface have been made[57]. Customer Engagement and Loyalty - The Club 100 loyalty programme reached 2 million registered members following a targeted campaign in August[52]. - The customer loyalty programme's registered membership base in the Chinese Mainland has expanded beyond 7.4 million users[85]. - The Group's product strategy focuses on three main pillars: Signature Product Strategy, Value Strategy, and Health Strategy, enhancing customer engagement and driving sales[84]. Financial Position and Assets - The Group's total assets as of September 30, 2025, amounted to HK$5,790,042,000, a decrease from HK$5,980,230,000 as of March 31, 2025[186]. - Total liabilities decreased from HK$3,235,494,000 to HK$3,143,428,000, with long-term borrowings reduced from HK$225,000,000 to HK$125,000,000[187]. - The Group's total equity as of September 30, 2025, was HK$2,646,614,000, down from HK$2,744,736,000[186]. - The Group's cash position as of September 30, 2025, was approximately HK$965 million, with available banking facilities of HK$746 million[90]. Employee and Corporate Governance - The Group's workforce consisted of 18,732 employees as of September 30, 2025, down from 18,970[98]. - The company complied with all code provisions of the Corporate Governance Code during the six months ended September 30, 2025[165]. - All directors confirmed compliance with the Model Code regarding securities transactions during the reporting period[166]. Share Options and Awards - The number of shares available for grant under the 2022 Share Option Scheme was 36,131,403 shares as of April 1, 2025, and increased to 37,125,403 shares by September 30, 2025[134]. - A total of 22,439,000 options were outstanding as of September 30, 2025, with 646,000 options exercised during the period and 1,640,000 options lapsed[136]. - The options granted under the 2022 Share Option Scheme are subject to personal performance targets based on the Company's Performance Management System before vesting[136]. - The company adopted a new Share Award Scheme on August 27, 2023, which will be effective for ten years[142].

Group 1 - The top short-selling stocks include Sun Hung Kai Properties-R (80016), China Resources Beer-R (80291), and AIA Group-R (81299), all with a short-selling ratio of 100.00% [1][2] - The highest short-selling amounts are from Xiaomi Group-W (01810) at 2.161 billion, Alibaba-SW (09988) at 793 million, and Tencent Holdings (00700) at 733 million [1][2] - The highest deviation values are from China Resources Beer-R (80291) at 39.83%, followed by Jianfa Property (02156) at 37.09%, and AIA Group-R (81299) at 35.65% [1][2] Group 2 - The top ten short-selling ratio rankings show that all stocks listed have significant short-selling activity, with Anta Sports-R (82020) also at 100.00% [2] - The top ten short-selling amounts highlight Xiaomi Group-W leading significantly, with a short-selling ratio of 28.48% [2] - The top ten deviation values indicate that China Resources Beer-R (80291) has the highest deviation, suggesting a notable difference from its historical short-selling average [2]

Group 1 - The top three stocks with the highest short-selling ratios are New World Development Co. Ltd. (100.00%), China Resources Beer (100.00%), and AIA Group Ltd. (100.00%) [1][2] - The stocks with the highest short-selling amounts are Xiaomi Corporation (2.196 billion), Ping An Insurance (1.956 billion), and Alibaba Group (1.160 billion) [1][3] - The stocks with the highest deviation values are Bank of China (52.21%), China Mobile (41.86%), and Café de Coral Holdings (40.03%) [1][2] Group 2 - The top ten short-selling ratio rankings include New World Development Co. Ltd. (100.00%), China Resources Beer (100.00%), and AIA Group Ltd. (100.00%) [2] - The top ten short-selling amounts include Xiaomi Corporation (2.196 billion), Ping An Insurance (1.956 billion), and Alibaba Group (1.160 billion) [3] - The top ten deviation values include Bank of China (52.21%), China Mobile (41.86%), and Café de Coral Holdings (40.03%) [3]

FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年11月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: Café de Coral Holdings Limited 大家樂集團有限公司 (中文名稱僅供識別) 呈交日期: 2025年12月4日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00341 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 1,000,000,000 | HKD | | 0.1 HKD | | 100,000,000 | | 增加 / 減少 (-) | | | 0 | | | HKD | | 0 | | 本月底結存 | | | 1,000,000,000 | HKD | | 0 ...

Investment Rating - The report does not explicitly state an investment rating for the company, but it suggests that the current macro environment continues to exert operational pressure on the company, indicating a cautious outlook on its performance [4]. Core Insights - The company reported a revenue decline of 5.4% year-on-year to HKD 4.036 billion for FY26H1, with adjusted EBITDA down 29.4% to HKD 243 million, and a net profit attributable to shareholders down 67.6% to HKD 46.7 million. The decline is attributed to weak restaurant performance in both Hong Kong and mainland China, as well as a normalization of consumer spending patterns [1][2]. - In response to the changing operational environment, the company is implementing significant business restructuring focused on six key areas: cost optimization, consolidation of advantageous business segments, restructuring of the fast-food segment, transformation of store models, integration of production lines, and exploring new business opportunities [3]. Summary by Relevant Sections Financial Performance - Revenue decreased by 5.4% year-on-year to HKD 4.036 billion, with specific declines in various segments: fast food (-5.9%), casual dining (-5.6%), institutional dining (-4.3%), and others (-8.1%). Mainland revenue fell by 3.8%. Net profit attributable to shareholders dropped by 67.6%, and when excluding fair value losses from investment properties, the decline was 59.4% [1][2]. Business Restructuring - The company is focusing on six main areas for restructuring: 1. **Cost Optimization**: Aiming for a 20% reduction in rental costs over the next three years and consolidating procurement for key ingredients to lower costs [3]. 2. **Strengthening Core Businesses**: Despite revenue impacts from closing inefficient stores, profitability in institutional and casual dining is improving [3]. 3. **Fast Food Segment Overhaul**: Addressing significant operational pressures by optimizing 220 fast-food outlets, particularly underperforming large and small stores [3]. 4. **Store Model Transformation**: Shifting focus from large stores to smaller models, with target sizes as low as 1,500 square feet to enhance operational flexibility [3]. 5. **Production Line Integration**: Strategically relocating production functions to mainland China to mitigate ongoing operational cost pressures in Hong Kong [3]. 6. **New Business Opportunities**: Actively seeking potential acquisition opportunities [3]. Investment Considerations - The ongoing macroeconomic changes are expected to continue impacting the company's operations, and while the restructuring efforts aim to restore confidence, a full recovery in performance is anticipated to take time. However, the high dividend yield (approximately 7% based on FY25 dividends) may provide some support for the stock price [4].

Group 1 - The company, 大家乐集团 (00341.HK), announced a mid-term dividend of 10 Hong Kong cents per share, to be distributed on December 23, 2025 [1]

智通财经APP讯，大家乐集团(00341)公布，将于2025年12月23日派发中期股息每股 10 港仙。 ...

公告称，溢利减少主要由于市场环境充满挑战，以致中国香港及中国内地餐饮业表现大幅下滑，以及期 内取得投资物业的公平值亏损。 智通财经APP讯，大家乐集团(00341)公布截至2025年9月30日止6个月中期业绩，收入同比减少5.4%至 40.36亿港元，股东应占溢利同比减少67.6%至4670万港元，每股基本溢利8.2港仙，中期股息每股 10 港 仙。 ...

Core Viewpoint - The company reported a significant decline in both revenue and profit due to challenging market conditions in the restaurant industry in Hong Kong and mainland China, along with losses from fair value adjustments on investment properties [1] Financial Performance - Revenue decreased by 5.4% year-on-year to HKD 4.036 billion [1] - Shareholders' profit dropped by 67.6% year-on-year to HKD 46.7 million [1] - Basic earnings per share were HKD 0.082 [1] - Interim dividend declared at HKD 0.10 per share [1] Market Conditions - The restaurant industry in Hong Kong and mainland China faced significant downturns, impacting overall performance [1] - The challenging market environment contributed to the decline in revenue and profit [1] Investment Property - The company experienced fair value losses on investment properties during the reporting period [1]