LH GROUP(01978)

Search documents
叙福楼集团(01978) - 截至二零二五年九月三十日止之股份发行人的证券变动月报表
2025-10-02 02:24
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 公司名稱: 叙福樓集團有限公司 呈交日期: 2025年10月2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) | 01978 | 說明 | 普通股 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 4,000,000,000 | HKD | | 0.1 | HKD | | 400,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 4,000,000,000 | HKD | | 0.1 | HKD | | 400,000,000 | 本月底法定/註冊股本總額: HKD 400,000,000 第 1 頁 共 10 頁 v 1 ...
叙福楼集团(01978) - 2025 - 中期财报
2025-09-30 08:31
叙福樓集團有限公司 股份代號:1978 (於開曼群島註冊成立的有限公司) 目錄 | 公司資料 | 2 | | --- | --- | | 財務摘要 | 4 | | 管理層討論與分析 | 5 | | 企業管治及其他資料 | 12 | | 未經審計簡明合併全面收益表 | 17 | | 簡明合併財務狀況表 | 18 | | 未經審計簡明合併權益變動表 | 20 | | 未經審計簡明合併現金流量表 | 21 | | 財務報告附註 | 22 | | 本集團所持的物業 | 40 | 公司資料 董事會 執行董事 黃傑龍先生 教授,銅紫荊星章,太平紳士 (主席兼行政總裁) 高秀芝女士 (副主席) 中期業績報告 2025 INTERIM REPORT 2025 Stock Code :1978 (Incorporated in the Cayman Islands with limited liability) 獨立非執行董事 單日堅先生 銀紫荊星章,香港懲教事務卓越獎章, 太平紳士 洪爲民先生 教授,太平紳士 麥錦釗先生 審核委員會 麥錦釗先生 (主席) 洪爲民先生 教授,太平紳士 單日堅先生 銀紫荊星章,香港懲教事務卓越獎 ...
叙福楼集团(01978) - 截至二零二五年八月三十一日止之股份发行人的证券变动月报表
2025-09-01 06:55
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8月31日 狀態: 新提交 致:香港交易及結算所有限公司 公司名稱: 叙福樓集團有限公司 呈交日期: 2025年9月1日 I. 法定/註冊股本變動 第 2 頁 共 10 頁 v 1.1.1 | 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) | 01978 | 說明 | 普通股 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 4,000,000,000 | HKD | | 0.1 | HKD | | 400,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 4,000,000,000 | HKD | | 0.1 | HKD | | ...
叙福楼集团(01978.HK)上半年营收增3.4%至5.405亿港元 净亏损收窄至60万港元
Ge Long Hui· 2025-08-29 01:08
Core Viewpoint - The company reported a revenue of approximately HKD 540.5 million for the interim period, reflecting a year-on-year increase of about 3.4% due to strategic store optimization and improved customer experience [1] Financial Performance - The loss attributable to equity holders decreased significantly from approximately HKD 26.5 million in the same period last year to about HKD 0.6 million, representing a reduction of approximately 97.6% or about HKD 25.9 million [1] - The reduction in loss is primarily attributed to the company's active transformation and restructuring measures, which led to increased revenue compared to the previous year [1] Strategic Initiatives - The revenue increase was driven by decisive adjustments to underperforming stores and enhancements to the menu to better meet the evolving market landscape [1] - The company has focused on improving competitiveness and customer experience as part of its strategic initiatives [1]
叙福楼集团发布中期业绩 股东应占亏损60万港元 同比收窄97.74%
Zhi Tong Cai Jing· 2025-08-28 16:00
Group 1 - The company reported revenue of HKD 541 million for the six months ending June 30, 2025, representing a year-on-year increase of 3.43% [1] - The loss attributable to equity holders narrowed to HKD 600,000, a decrease of 97.74% compared to the previous year [1] - The basic loss per share was HKD 0.08 [1]
叙福楼集团(01978) - 2025 - 中期业绩
2025-08-28 14:56
Financial Summary and Performance Overview [Financial Summary](index=1&type=section&id=%E8%B2%A1%E5%8B%99%E6%91%98%E8%A6%81) The Group's unaudited results for the six months ended June 30, 2025, show year-on-year revenue growth and a significant reduction in losses Financial Highlights | Metric | For the six months ended June 30, 2025 (HK$ million) | For the six months ended June 30, 2024 (HK$ million) | | :--- | :--- | :--- | | Revenue | 540.5 | 522.6 | | Loss attributable to equity holders of the Company | (0.6) | (26.5) | | Loss per share (HK cents) Basic and diluted | (0.08) | (3.32) | [Introduction to Results Announcement](index=1&type=section&id=%E6%A5%AD%E7%B8%BE) The Board of Directors announces the unaudited interim results for the six months ended June 30, 2025, with comparative data from the prior year - This announcement presents the unaudited condensed consolidated interim results of the Company and its subsidiaries for the six months ended June 30, 2025[5](index=5&type=chunk) Condensed Consolidated Financial Statements [Condensed Consolidated Statement of Comprehensive Income](index=2&type=section&id=%E6%9C%AA%E7%B6%93%E5%AF%A9%E8%A8%88%E7%B0%A1%E6%98%8E%E5%90%88%E4%BD%B5%E5%85%A8%E9%9D%A2%E6%94%B6%E7%9B%8A%E8%A1%A8) The period saw revenue growth and a substantial narrowing of pre-tax and total losses, reflecting improved operational efficiency and cost control Statement of Comprehensive Income | Metric | For the six months ended June 30, 2025 (HK$ thousands) | For the six months ended June 30, 2024 (HK$ thousands) | | :--- | :--- | :--- | | Revenue | 540,460 | 522,610 | | Other income and gains | 2,012 | 2,196 | | Cost of food and beverages | (156,491) | (162,277) | | Staff costs | (192,620) | (194,463) | | Loss before tax | (2,815) | (32,069) | | Loss and total comprehensive loss for the period | (647) | (26,535) | | Loss attributable to equity holders of the Company | (633) | (26,535) | [Condensed Consolidated Statement of Financial Position](index=3&type=section&id=%E7%B0%A1%E6%98%8E%E5%90%88%E4%BD%B5%E8%B2%A1%E5%8B%99%E7%8B%80%E6%B3%81%E8%A1%A8) As of June 30, 2025, the Group's total assets and liabilities decreased while total equity remained stable, indicating balance sheet restructuring Statement of Financial Position | Metric | As at June 30, 2025 (HK$ thousands) | As at December 31, 2024 (HK$ thousands) | | :--- | :--- | :--- | | Total Assets | 684,201 | 786,006 | | Non-current Assets | 502,234 | 559,909 | | Current Assets | 181,967 | 226,097 | | Total Equity | 232,258 | 232,865 | | Total Liabilities | 451,943 | 553,141 | | Non-current Liabilities | 215,478 | 233,933 | | Current Liabilities | 236,465 | 319,208 | [Condensed Consolidated Statement of Changes in Equity](index=5&type=section&id=%E6%9C%AA%E7%B6%93%E5%AF%A9%E8%A8%88%E7%B0%A1%E6%98%8E%E5%90%88%E4%BD%B5%E6%AC%8A%E7%9B%8A%E8%AE%8A%E5%8B%95%E8%A1%A8) The period's loss attributable to equity holders reduced retained earnings, while contributions from non-controlling interests slightly increased Statement of Changes in Equity | Item | Share Capital (HK$ thousands) | Share Premium (HK$ thousands) | Retained Earnings (HK$ thousands) | Other Reserves (HK$ thousands) | Non-controlling Interests (HK$ thousands) | Total (HK$ thousands) | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | Balance at January 1, 2025 | 80,000 | 122,781 | 2,465 | 27,619 | — | 232,865 | | Contribution from non-controlling interests | — | — | — | — | 40 | 40 | | Loss and total comprehensive loss for the period | — | — | (633) | — | (14) | (647) | | **Balance at June 30, 2025** | **80,000** | **122,781** | **1,832** | **27,619** | **26** | **232,258** | | Balance at January 1, 2024 | 80,000 | 122,781 | 67,007 | 27,619 | — | 297,407 | | Loss and total comprehensive loss for the period | — | — | (26,535) | — | — | (26,535) | | Dividend | — | — | (32,480) | — | — | (32,480) | | **Balance at June 30, 2024** | **80,000** | **122,781** | **7,992** | **27,619** | **—** | **238,392** | Notes to the Financial Statements [General Information and Basis of Preparation](index=6&type=section&id=1.%20%E4%B8%80%E8%88%AC%E8%B3%87%E6%96%99) The Group operates restaurants in Hong Kong, with financial data prepared under HKAS on a going concern basis despite a net current liability position - The Company was incorporated in the Cayman Islands, and its subsidiaries primarily operate as full-service restaurant operators of Asian and Cantonese cuisine in Hong Kong[10](index=10&type=chunk) - The unaudited condensed consolidated interim financial information has been prepared in accordance with HKAS 34 and the applicable disclosure requirements of the Listing Rules of the Stock Exchange, presented on a going concern basis[11](index=11&type=chunk)[12](index=12&type=chunk) - As of June 30, 2025, the Group's current liabilities exceeded its current assets by **HK$54.5 million**, but after excluding lease liabilities and contract liabilities, it had net current assets of **HK$48.8 million** with no external borrowings, leading the directors to conclude that working capital is sufficient[12](index=12&type=chunk) [Accounting Policies](index=7&type=section&id=3.%20%E6%9C%83%E8%A8%88%E6%94%BF%E7%AD%96) Accounting policies are consistent with the prior year's annual report, with the adoption of HKAS 21 amendments having no material impact - The accounting policies and methods of computation used are consistent with those in the 2024 annual report, except for the adoption of amendments to HKAS 21 "Lack of Exchangeability"[15](index=15&type=chunk)[16](index=16&type=chunk) - The adoption of these amendments did not have a material impact on the Group's results and financial position[16](index=16&type=chunk) [Revenue and Segment Information](index=7&type=section&id=4.%20%E6%94%B6%E5%85%A5%E5%8F%8A%E5%88%86%E9%83%A8%E8%B3%87%E6%96%99) The Group's revenue is primarily from restaurant operations, segmented into self-owned and franchised brands, with franchised brands being the main contributor Revenue Analysis | Revenue Source | For the six months ended June 30, 2025 (HK$ thousands) | For the six months ended June 30, 2024 (HK$ thousands) | | :--- | :--- | :--- | | Restaurant operations | 539,793 | 520,666 | | Sales of ingredients and others | 667 | 1,944 | | **Total Revenue** | **540,460** | **522,610** | - The Group primarily operates chain restaurants and sells ingredients in Hong Kong, with management reviewing performance based on major cuisine types and ingredient sales[19](index=19&type=chunk) Segment Revenue, (Loss)/Profit, Assets and Liabilities (as at June 30, 2025) | Metric | Self-owned Brands (HK$ thousands) | Franchised Brands (HK$ thousands) | Sales of Ingredients and Others (HK$ thousands) | Total (HK$ thousands) | | :--- | :--- | :--- | :--- | :--- | | External Revenue | 143,358 | 396,435 | 667 | 540,460 | | Segment (Loss)/Profit | (1,342) | 34,611 | (1,864) | 31,405 | | Loss before tax | | | | (2,815) | | Segment Assets | 171,967 | 267,185 | 59,782 | 498,934 | | Segment Liabilities | (131,898) | (230,955) | (6,927) | (369,780) | Segment Revenue, (Loss)/Profit, Assets and Liabilities (as at June 30, 2024) | Metric | Self-owned Brands (HK$ thousands) | Franchised Brands (HK$ thousands) | Sales of Ingredients and Others (HK$ thousands) | Total (HK$ thousands) | | :--- | :--- | :--- | :--- | :--- | | External Revenue | 136,013 | 384,653 | 1,944 | 522,610 | | Segment (Loss)/Profit | (14,221) | 15,238 | (1,354) | (337) | | Loss before tax | | | | (32,069) | | Segment Assets | 179,962 | 342,389 | 59,560 | 581,911 | | Segment Liabilities | (145,678) | (314,655) | (13,495) | (473,828) | [Other Income and Gains](index=11&type=section&id=5.%20%E5%85%B6%E4%BB%96%E6%94%B6%E5%85%A5%E5%8F%8A%E6%94%B6%E7%9B%8A) Other income and gains decreased slightly during the period, primarily consisting of promotional income from a credit card company Other Income and Gains Breakdown | Item | For the six months ended June 30, 2025 (HK$ thousands) | For the six months ended June 30, 2024 (HK$ thousands) | | :--- | :--- | :--- | | Promotional income from a credit card company | 1,650 | 1,650 | | Sundry income | 362 | 546 | | **Total** | **2,012** | **2,196** | [Depreciation of Right-of-Use Assets, Rent and Related Expenses](index=12&type=section&id=6.%20%E4%BD%BF%E7%94%A8%E6%AC%8A%E8%B3%87%E7%94%A2%E4%B9%8B%E6%8A%98%E8%88%8A%E3%80%81%E7%A7%9F%E9%87%91%E5%8F%8A%E7%9B%B8%E9%97%9C%E9%96%8B%E6%94%AF) Depreciation, rent, and related expenses saw a slight year-on-year decrease, mainly due to a lower net book value of right-of-use assets Depreciation and Rent Expenses | Item | For the six months ended June 30, 2025 (HK$ thousands) | For the six months ended June 30, 2024 (HK$ thousands) | | :--- | :--- | :--- | | Depreciation of right-of-use assets | 57,353 | 59,211 | | Property rentals and related expenses | 31,663 | 30,921 | | **Total** | **89,016** | **90,132** | [Finance Income and Costs](index=12&type=section&id=7.%20%E8%9E%8D%E8%B3%87%E6%94%B6%E7%9B%8A%E5%8F%8A%E6%88%90%E6%9C%AC) Finance income decreased significantly during the period, while finance costs rose due to an increase in lease liabilities Finance Income and Costs Breakdown | Item | For the six months ended June 30, 2025 (HK$ thousands) | For the six months ended June 30, 2024 (HK$ thousands) | | :--- | :--- | :--- | | Interest income from bank deposits | 741 | 3,591 | | Finance income from financial assets | 531 | 254 | | **Finance income** | **1,272** | **3,845** | | Finance costs on lease liabilities | (7,733) | (5,852) | | **Finance costs** | **(7,733)** | **(5,852)** | [Taxation](index=12&type=section&id=8.%20%E7%A8%85%E9%A0%85) The period recorded an income tax credit, primarily due to the effect of deferred taxation, while the Hong Kong profits tax rate remained unchanged Taxation Breakdown | Item | For the six months ended June 30, 2025 (HK$ thousands) | For the six months ended June 30, 2024 (HK$ thousands) | | :--- | :--- | :--- | | Hong Kong Profits Tax - Current tax | 2,750 | 2,557 | | Hong Kong Profits Tax - Over-provision in prior years | (918) | — | | Deferred tax | (4,000) | (8,091) | | **Income tax credit** | **(2,168)** | **(5,534)** | - The Hong Kong Profits Tax rate is 16.5%, with subsidiaries qualifying for the two-tiered profits tax regime paying 8.25% on the first HK$2,000,000 of assessable profits[27](index=27&type=chunk) [Loss Before Tax](index=13&type=section&id=9.%20%E9%99%A4%E7%A8%85%E5%89%8D%E8%99%A7%E6%90%8D) The calculation of loss before tax includes various depreciation, amortization, lease payments, and employee benefit expenses Components of Loss Before Tax | Item | For the six months ended June 30, 2025 (HK$ thousands) | For the six months ended June 30, 2024 (HK$ thousands) | | :--- | :--- | :--- | | Depreciation of property, plant and equipment | 19,824 | 15,310 | | Depreciation of right-of-use assets | 57,353 | 59,211 | | Depreciation of investment properties | 260 | 259 | | Amortisation of intangible assets | 212 | 236 | | Lease payments under operating leases for land and buildings | 3,773 | 4,671 | | Employee benefit expenses | 192,620 | 194,463 | | Auditor's remuneration | 1,561 | 1,518 | [Loss Per Share](index=14&type=section&id=10.%20%E6%9C%AC%E5%85%AC%E5%8F%B8%E6%AC%8A%E7%9B%8A%E6%8C%81%E6%9C%89%E4%BA%BA%E6%87%89%E4%BD%94%E6%AF%8F%E8%82%A1%E8%99%A7%E6%90%8D) Basic and diluted loss per share decreased substantially during the period, reflecting the significant narrowing of the company's overall loss Loss Per Share Calculation | Metric | For the six months ended June 30, 2025 | For the six months ended June 30, 2024 | | :--- | :--- | :--- | | Loss attributable to equity holders (HK$ thousands) | (633) | (26,535) | | Weighted average number of ordinary shares in issue (thousands) | 800,000 | 800,000 | | Loss per share (HK cents) | (0.08) | (3.32) | - As there were no potential dilutive ordinary shares in issue, diluted loss per share is equal to basic loss per share[32](index=32&type=chunk) [Dividend](index=14&type=section&id=11.%20%E8%82%A1%E6%81%AF) The Board does not recommend an interim dividend for the period, though a final dividend for 2023 was paid in 2024 - The Board does not recommend the payment of an interim dividend for the six months ended June 30, 2025[34](index=34&type=chunk) - A final dividend for the year ended December 31, 2023, of **HK4.06 cents per ordinary share**, totaling HK$32,480,000, was declared on March 26, 2024[33](index=33&type=chunk) [Trade Receivables, Prepayments, Deposits and Other Receivables](index=15&type=section&id=12.%20%E8%B2%A1%E6%98%93%E6%87%89%E6%94%B6%E6%AC%BE%E9%A0%85%E3%80%81%E9%A0%90%E4%BB%98%E6%AC%BE%E9%A0%85%E3%80%81%E6%8C%89%E9%87%91%E5%8F%8A%E5%85%B6%E4%BB%96%E6%87%89%E6%94%B6%E6%AC%BE%E9%A0%85) Trade receivables increased slightly, while total prepayments, deposits, and other receivables decreased with no impairment loss recognized Ageing Analysis of Trade Receivables | Ageing | As at June 30, 2025 (HK$ thousands) | As at December 31, 2024 (HK$ thousands) | | :--- | :--- | :--- | | Within 30 days | 4,797 | 5,639 | | 31 to 60 days | 551 | 177 | | 61 to 180 days | 1,463 | 528 | | **Total** | **6,811** | **6,344** | Prepayments, Deposits and Other Receivables | Item | As at June 30, 2025 (HK$ thousands) | As at December 31, 2024 (HK$ thousands) | | :--- | :--- | :--- | | Prepayments | 15,917 | 21,563 | | Rental and utility deposits | 82,208 | 86,892 | | Other receivables | 1,159 | 3,503 | | **Total** | **99,284** | **111,958** | | Less: Non-current portion | (49,184) | (64,637) | | **Current portion** | **50,100** | **47,321** | - The Group did not provide for impairment on overdue balances and recognized no impairment loss[37](index=37&type=chunk) [Trade Payables, Other Payables and Accruals](index=17&type=section&id=13.%20%E8%B2%A1%E6%98%93%E6%87%89%E4%BB%98%E6%AC%BE%E9%A0%85%E3%80%81%E5%85%B6%E4%BB%96%E6%87%89%E4%BB%98%E6%AC%BE%E9%A0%85%E5%8F%8A%E6%87%89%E8%A8%88%E8%B2%BB%E7%94%A8) Total trade and other payables decreased, reflecting improvements in liability management and operational efficiency Ageing Analysis of Trade Payables | Ageing | As at June 30, 2025 (HK$ thousands) | As at December 31, 2024 (HK$ thousands) | | :--- | :--- | :--- | | Within 30 days | 24,852 | 30,244 | | 31 to 60 days | 9,677 | 24,287 | | 61 to 180 days | 55 | 36 | | Over 180 days | 256 | 259 | | **Total** | **34,840** | **54,826** | Contract Liabilities, Other Payables and Accruals | Item | As at June 30, 2025 (HK$ thousands) | As at December 31, 2024 (HK$ thousands) | | :--- | :--- | :--- | | Rental payables | 883 | 2,402 | | Accrued employee benefit expenses | 36,581 | 37,541 | | Provision for long service payments | 2,378 | 1,923 | | Provision for untaken annual leave | 11,071 | 11,485 | | Provision for reinstatement costs | 25,216 | 25,130 | | Contract liabilities | 21,081 | 30,335 | | Other accrued expenses | 30,770 | 32,507 | | Payables for purchase of property, plant and equipment | 3,676 | 22,248 | | Other payables | 632 | 632 | | **Total** | **132,288** | **164,203** | | Less: Non-current portion | (14,892) | (17,970) | | **Current portion** | **117,396** | **146,233** | Business Review [Operating Overview](index=19&type=section&id=%E6%A5%AD%E5%8B%99%E5%9B%9E%E9%A1%A7) The Group is a leading multi-brand restaurant operator in Hong Kong with 64 restaurants, including self-owned and franchised brands - The Group operates 64 restaurants in Hong Kong as of June 30, 2025, specializing in Asian (particularly Japanese) and Cantonese cuisine[42](index=42&type=chunk) - The restaurant portfolio includes 18 self-owned brands (e.g., "Mou Mou Club," "Peace Cuisine") and 44 franchised brands (e.g., "Gyu-Kaku," "On-Yasai"), plus 2 cooperatively-run brands[42](index=42&type=chunk) Number of Restaurants | Brand Type | As at June 30, 2025 | As at June 30, 2024 | | :--- | :--- | :--- | | Self-owned Brands | 20 | 14 | | Franchised Brands | 44 | 44 | | **Total** | **64** | **58** | [Financial Performance Analysis](index=20&type=section&id=%E6%94%B6%E5%85%A5) Revenue grew 3.4% year-on-year, while loss attributable to equity holders narrowed by 97.6%, reflecting successful transformation measures - The Group's revenue increased by approximately **3.4%** from HK$522.6 million to HK$540.5 million, driven by store portfolio optimization and menu enhancements[44](index=44&type=chunk) - Loss attributable to equity holders of the Company decreased by approximately **97.6%** from HK$26.5 million to HK$0.6 million, mainly due to increased revenue and reduced impairment provisions[51](index=51&type=chunk) - The cost of food and beverages as a percentage of revenue decreased from **31.1% to 29.0%**, and staff costs as a percentage of revenue decreased from **37.2% to 35.6%**, indicating effective cost control[48](index=48&type=chunk)[49](index=49&type=chunk) Revenue by Business Segment | Business Segment | 2025 Revenue (HK$ thousands) | % of Total Revenue | 2024 Revenue (HK$ thousands) | % of Total Revenue | | :--- | :--- | :--- | :--- | :--- | | Self-owned Brands | 143,358 | 26.5 | 136,013 | 26.0 | | Franchised Brands | 396,435 | 73.4 | 384,653 | 73.6 | | Subtotal for Restaurant Operations | 539,793 | 99.9 | 520,666 | 99.6 | | Sales of Ingredients and Others | 667 | 0.1 | 1,944 | 0.4 | | **Total** | **540,460** | **100.0** | **522,610** | **100.0** | [Liquidity and Financial Resources](index=22&type=section&id=%E6%B5%81%E5%8B%95%E8%B3%87%E9%87%91%E5%8F%8A%E8%B2%A1%E5%8B%99%E8%B3%87%E6%BA%90) The Group maintains sufficient liquidity with approximately HK$100.3 million in cash, a current ratio of 0.8, and a gearing ratio of zero - As of June 30, 2025, the Group had cash and cash equivalents of approximately **HK$100.3 million** and a current ratio of approximately **0.8 times**[52](index=52&type=chunk) - The Group's gearing ratio was **zero** as it had no outstanding interest-bearing bank borrowings[52](index=52&type=chunk) [Investments and Capital Commitments](index=22&type=section&id=%E9%87%8D%E5%A4%A7%E6%8A%95%E8%B3%87) The Group had no significant investments or outstanding capital commitments during the period, indicating a prudent capital management strategy - As at June 30, 2025, the Group did not hold any significant investments[53](index=53&type=chunk) - As at June 30, 2025, the Group had no outstanding capital commitments (December 31, 2024: approximately HK$5.1 million)[54](index=54&type=chunk) [Contingent Liabilities and Off-Balance Sheet Commitments](index=22&type=section&id=%E6%88%96%E7%84%B6%E8%B2%A0%E5%82%B5) The Group's contingent liabilities are mainly bank guarantees, with no other off-balance sheet commitments, indicating manageable financial risk - As at June 30, 2025, the Group had contingent liabilities of approximately **HK$1.2 million** for bank guarantees provided to landlords in lieu of rental deposits[55](index=55&type=chunk) - The Group had no off-balance sheet transactions, other capital commitments, or significant investment plans as of the report date, other than those disclosed[56](index=56&type=chunk) [Future Plans and Pledge of Assets](index=23&type=section&id=%E9%87%8D%E5%A4%A7%E6%94%B6%E8%B3%BC%E5%8F%8A%E5%87%BA%E5%94%AE%E9%99%84%E5%B1%AC%E5%85%AC%E5%8F%B8%E3%80%81%E8%81%AF%E7%87%9F%E5%85%AC%E5%8F%B8%E5%8F%8A%E5%90%88%E7%87%9F%E4%BC%81%E6%A5%AD%E4%BB%A5%E5%8F%8A%E9%87%8D%E5%A4%A7%E6%8A%95%E8%B3%87%E5%8F%8A%E8%B3%87%E6%9C%AC%E8%B3%87%E7%94%A2%E7%9A%84%E6%9C%AA%E4%BE%86%E8%A8%88%E5%8A%83) No significant acquisitions, disposals, or pledging of assets occurred, reflecting strategic and asset management stability - The Group had no significant acquisitions or disposals of subsidiaries, associates, or joint ventures, nor any plans for material investments or capital assets during the period[57](index=57&type=chunk) - As at June 30, 2025, the Group had not pledged any of its assets[58](index=58&type=chunk) [Capital Structure and Events After the Reporting Period](index=23&type=section&id=%E8%B3%87%E6%9C%AC%E6%9E%B6%E6%A7%8B) The Group's capital structure, comprising only ordinary shares, remained stable with no significant post-reporting period events - The Group's capital structure was unchanged during the period, consisting solely of ordinary shares, and it did not hold or dispose of any treasury shares[59](index=59&type=chunk) - No significant events requiring disclosure occurred between the end of the reporting period and the date of this announcement[60](index=60&type=chunk) [Employees and Remuneration Policies](index=23&type=section&id=%E5%83%B1%E5%93%A1%E5%8F%8A%E8%96%AA%E9%85%AC%E6%94%BF%E7%AD%96) Employee numbers slightly decreased, with remuneration based on market terms and performance; no share options were granted or exercised - As at June 30, 2025, the Group had **1,672 employees** (December 31, 2024: 1,742)[61](index=61&type=chunk) - Employee remuneration is determined with reference to prevailing market terms and individual performance, qualifications, and experience[61](index=61&type=chunk) - A share option scheme has been in effect since May 2018, but no options were granted, exercised, outstanding, lapsed, cancelled, or forfeited during the period[61](index=61&type=chunk)[62](index=62&type=chunk) [Foreign Exchange Risk](index=24&type=section&id=%E5%A4%96%E5%8C%AF%E9%A2%A8%E9%9A%AA) The Group faces no significant foreign exchange risk as most transactions are denominated in Hong Kong dollars - The Group's transactions are mostly denominated in Hong Kong dollars, and it does not face any significant foreign exchange risk[63](index=63&type=chunk) - As at June 30, 2025, the Group had no foreign currency investments and had not engaged in any currency hedging transactions or instruments[63](index=63&type=chunk) Prospects and Strategies [Prospects and Strategies](index=24&type=section&id=%E5%89%8D%E6%99%AF) The Group will adopt a proactive yet prudent strategy to navigate a competitive market by optimizing its portfolio and leveraging technology - The Hong Kong catering industry faces challenges from shifting local consumption patterns, oversupply, and intense market competition despite macroeconomic improvements[64](index=64&type=chunk) - The Group's strategy includes optimizing its store portfolio, adjusting menus, and introducing new brands to enhance value and attract a new generation of consumers[64](index=64&type=chunk) - The Group is actively promoting the application of AI and automation, utilizing CRM systems, smart reservation systems, and process automation to boost operational efficiency and customer loyalty[64](index=64&type=chunk) - Leveraging its **strong cash flow and debt-free position**, the Group will continue to enhance technology application and operational efficiency while actively seeking development opportunities both locally and overseas[65](index=65&type=chunk) Corporate Governance and Other Information [Dividend Policy](index=25&type=section&id=%E8%82%A1%E6%81%AF) The Board of Directors has resolved not to declare an interim dividend for the current period - The Board has resolved not to declare an interim dividend for the period (Prior period: Nil)[66](index=66&type=chunk) [Public Float](index=25&type=section&id=%E8%B6%B3%E5%A4%A0%E5%85%AC%E7%9C%BE%E6%8C%81%E8%82%A1%E9%87%8F) The Company has maintained a sufficient public float in compliance with the Listing Rules throughout the period - The Company has maintained a sufficient public float of at least **25% of its issued shares** throughout the period and up to the date of this announcement[67](index=67&type=chunk) [Corporate Governance Practices](index=25&type=section&id=%E4%BC%81%E6%A5%AD%E7%AE%A1%E6%B2%BB%E5%B8%B8%E8%A6%8F) The Company has complied with the Corporate Governance Code in all material respects, except for the combined role of Chairman and CEO - The Company has adopted and complied with the Corporate Governance Code in Appendix C1 of the Listing Rules in all material respects, except for the deviation from code provision C.2.1[68](index=68&type=chunk) - Mr. WONG Kit Loong, Simon serves as both the Chairman and Chief Executive Officer, an arrangement the Board believes is in the best interests of the Group and its shareholders, with a balance of power and authority[69](index=69&type=chunk) [Model Code for Securities Transactions by Directors](index=26&type=section&id=%E8%91%A3%E4%BA%8B%E9%80%B2%E8%A1%8C%E8%AD%89%E5%88%B8%E4%BA%A4%E6%98%93%E7%9A%84%E6%A8%99%E6%BA%96%E5%AE%88%E5%89%87) All directors have confirmed their compliance with the Model Code for Securities Transactions by Directors during the period - All directors have confirmed their compliance with the required standards set out in the Model Code in Appendix C3 of the Listing Rules during the period[70](index=70&type=chunk) [Purchase, Sale or Redemption of Listed Securities](index=26&type=section&id=%E8%B3%BC%E8%B2%B7%E3%80%81%E5%87%BA%E5%94%AE%E6%88%96%E8%B4%96%E5%9B%9E%E4%B8%8A%E5%B8%82%E8%AD%89%E5%88%B8) Neither the Company nor its subsidiaries purchased, sold, or redeemed any listed securities during the period - During the period, neither the Company nor any of its subsidiaries purchased, sold, or redeemed any of the Company's listed securities[71](index=71&type=chunk) - As at June 30, 2025, the Company did not hold any treasury shares[72](index=72&type=chunk) [Audit Committee](index=27&type=section&id=%E5%AF%A9%E6%A0%B8%E5%A7%94%E5%93%A1%E6%9C%83) The Audit Committee, composed of independent non-executive directors, has reviewed the Group's unaudited interim results and financial information - The Audit Committee consists of three independent non-executive directors and is primarily responsible for monitoring the audit process and reviewing policies[73](index=73&type=chunk) - The Audit Committee has met to review the Group's unaudited interim results announcement and financial information for the period[73](index=73&type=chunk) [Publication of Interim Results and Acknowledgement](index=27&type=section&id=%E6%96%BC%E8%81%AF%E4%BA%A4%E6%89%80%E5%8F%8A%E6%9C%AC%E5%85%AC%E5%8F%B8%E7%B6%B2%E7%AB%99%E5%88%8A%E8%BC%89%E4%B8%AD%E6%9C%9F%E6%A5%AD%E7%B8%BE%E5%8F%8A%E4%BA%8C%E9%9B%B6%E4%BA%8C%E4%BA%94%E5%B9%B4%E4%B8%AD%E6%9C%9F%E5%A0%B1%E5%91%8A) The interim results and report will be published on the websites of the Stock Exchange and the Company - This interim results announcement and the 2025 interim report will be published on the websites of the Stock Exchange and the Company[74](index=74&type=chunk) - The Board expresses its sincere gratitude to the Group's management team, all staff, shareholders, customers, business partners, and professional parties for their support and contributions[75](index=75&type=chunk)
“撤回”申购限额 广发基金旗下ETF“019785”明起恢复大额申购
Sou Hu Cai Jing· 2025-08-27 13:02
Group 1 - The core point of the announcement is that GF Fund Management Co., Ltd. has decided to lift the subscription limit for the GF SSE STAR Market Growth ETF Linked Fund to meet investor demand, effective from August 28, 2025 [2][4] - The previous limit restricted investors to a maximum of 100.00 yuan per day for subscriptions, which was suspended on August 27, 2025, to protect the interests of fund shareholders [2][4] - The resumption of large subscriptions, including conversions and both regular and irregular investments, is aimed at fulfilling the investment needs of investors [4] Group 2 - The fund name is GF SSE STAR Market Growth ETF Linked Fund, with the main code being 019785 [4] - The announcement is based on the fund contract and the prospectus of the GF SSE STAR Market Growth ETF Linked Fund [4] - The resumption of large subscription and conversion activities will also take effect on August 28, 2025 [4]
叙福楼集团(01978)预计中期股东应占亏损不多于100万港元
智通财经网· 2025-08-18 13:17
Core Viewpoint - The company expects a significant reduction in shareholder losses for the six months ending June 30, 2025, with anticipated losses not exceeding 1 million HKD, compared to approximately 26.5 million HKD for the same period in 2024 [1] Financial Performance - The expected decrease in shareholder losses is attributed to increased revenue and gross profit, driven by the optimization of the restaurant network and the introduction of new concepts and diversified brand development [1] - The company has seen a reduction in impairment provisions related to properties, plants, equipment, and right-of-use assets associated with underperforming stores, contributing positively to the financial outlook [1] Strategic Initiatives - The company has actively optimized its store portfolio, making decisive adjustments to underperforming locations and innovating the menu to adapt to changing market conditions, thereby enhancing customer experience and competitiveness [1] - The company has closely monitored market conditions and adjusted business strategies, implementing various proactive measures to enhance brand diversification and reduce costs, including negotiating rent reductions with landlords, improving supplier terms, and launching diverse promotional activities [1] - Effective management of working capital has been a priority to ensure healthy cash flow [1]
叙福楼集团(01978.HK)预期中期股东应占亏损同比收窄
Ge Long Hui· 2025-08-18 13:15
Core Viewpoint - The company expects to record a shareholder loss of no more than HKD 1 million for the six months ending June 30, 2025, a significant improvement compared to a loss of approximately HKD 26.5 million for the same period ending June 30, 2024 [1] Group 1: Financial Performance - The anticipated reduction in shareholder loss is attributed to an increase in revenue and gross profit, driven by the company's efforts to optimize its restaurant network and diversify its brand portfolio through the introduction of new concepts [1] - The company recorded a decrease in impairment provisions related to properties, plants, equipment, and right-of-use assets associated with underperforming stores during the review period, primarily due to improved revenue performance [1] Group 2: Strategic Initiatives - The company has actively optimized its store portfolio by decisively adjusting underperforming locations and innovating its menu to adapt to changing market dynamics, enhancing customer experience and competitiveness [1]
叙福楼集团预计中期股东应占亏损不多于100万港元
Zhi Tong Cai Jing· 2025-08-18 13:14
Core Viewpoint - The company anticipates a significant reduction in shareholder losses for the six months ending June 30, 2025, projecting a loss of no more than 1 million HKD compared to a loss of approximately 26.5 million HKD for the same period in 2024 [1] Group 1: Financial Performance - The expected decrease in shareholder losses is attributed to increased revenue and gross profit, driven by the optimization of the restaurant network and the introduction of new concepts and diversified brand development [1] - The reduction in impairment provisions related to properties, plants, equipment, and right-of-use assets for underperforming stores contributed positively to the financial outlook [1] Group 2: Strategic Initiatives - The company has actively adjusted its business strategies in response to market conditions, implementing various proactive measures to enhance brand diversification and reduce costs [1] - Strategies include introducing and developing suitable new brands for the market, negotiating rent reductions with landlords, improving supplier terms, and launching diverse promotional activities [1] - Effective management of working capital has been emphasized to ensure healthy cash flow [1]