香港交易及結算所有限公司及香港聯合交易所有限公司對本公布的內容概 不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示 概 不 就 因 本 公 布全部或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任 何 責 任。 （於開曼群島註冊成立之有限公司） （股份代號: 8371） 截至2025年3月31日止年度的 年度業績公布 財務摘要： 嚐 • 高 美 集 團 有 限 公 司（「 本公司 」）董 事 會（「 董事會 」或「 董 事 」）欣 然 宣 佈 本 公 司 及 其 附 屬 公 司（統 稱「 本集團 」）截 至 2025年 3月 31日止年度的經審核綜合業 績（「 年度業績 」）。本 公 布 包 含 本 集 團 截 至 2025年 3月 31日止年度的年度報告全 文 及 有 關 內 容 乃 根 據 香 港 聯 合 交 易 所 有 限 公 司（「聯交所」）GEM證券上市規則 （「 GEM上市規則 」）之 相 關 披 露 規 定 編 製。年 度 業 績 已 由 董 事 會 及 本 公 司 審 核 委 員 會 審 閱。 – 1 – • 於 2025年 3月 31 ...

| 股票名称 | 收盘价 | 最高价 | 创高率 | | --- | --- | --- | --- | | 金威医疗股权(08559) | 0.027 | 0.045 | 32.35% | | 中华银科技(00515) | 0.280 | 0.305 | 28.15% | | 宏辉集团(00183) | 0.255 | 0.255 | 27.50% | | 英皇钟表珠宝(00887) | 0.410 | 0.445 | 27.14% | | 岁宝百货(00312) | 0.082 | 0.095 | 21.79% | | 乐华娱乐(02306) | 2.540 | 2.650 | 13.73% | | 金威医疗(08143) | 0.124 | 0.230 | 10.05% | | 珠峰黄金(01815) | 2.190 | 2.300 | 6.98% | | 药师帮(09885) | 9.190 | 9.600 | 6.68% | | 嚐高美集团(08371) | 1.700 | 1.750 | 6.06% | | 世纪娱乐国际(00959) | 0.710 | 0.740 | 5.71% | | 北森控 ...

今日，港股又乘假期抢跑，主要指数集体收涨，恒生指数涨1.74%，国指涨1.92%，恒生科技指数涨3.08%。 | 代码 | 名称 | | 最新价 | 涨跌额 | 涨跌幅 | | --- | --- | --- | --- | --- | --- | | 800000 | 恒生指数 | O | 22504.68 | +385.27 | 1.74% | | 800100 | 国企指数 | | 8231.04 | +154.78 | 1.92% | | 800700 | 恒生科技指数 | | 5244.06 | +156.64 | 3.08% | 科网股全线大涨，小米集团涨超6%，阿里巴巴、京东涨超3%，腾讯涨超2%，美团、网易、百度涨超1%。 | 代码 | 名称 | | 最新价 | 涨跌额 | 涨跌幅 | 总市值v | | --- | --- | --- | --- | --- | --- | --- | | 00700 | 腾讯控股 | O | 487.800 | +10.600 | 2.22% | 44894.05亿 | | 09988 | 阿里巴巴-W | | 122.000 | +4.500 | 3.83 ...

Restaurant Expansion - The company opened eight new restaurants during the six months ended September 30, 2024, including locations in Kwai Chung and Tsim Sha Tsui[9]. - The total number of restaurants increased from 55 as of March 31, 2024, to 62 as of September 30, 2024, representing a growth of 12.73%[12]. - The company plans to open additional restaurants in the fourth quarter of 2024, including locations in Popcorn and Causeway Bay[14]. - The number of Chinese cuisine restaurants increased from 17 to 22, a growth of 29.41%[12]. - The company’s restaurant count in Hong Kong rose from 50 to 56, an increase of 12%[10]. - The company’s total restaurant count in mainland China increased from 5 to 6, reflecting a 20% growth[10]. - The company confirmed new lease agreements for additional restaurant locations, with expected opening dates in 2024 and 2025[14]. - The company ceased operations of one restaurant located in Taikoo, effective April 2024, due to inefficiency in staffing[9]. Financial Performance - For the first half of the fiscal year 2025, the group recorded revenue of HKD 586,177,000, an increase of 19.3% compared to the first half of fiscal year 2024[19]. - The total number of customers served in the restaurants reached 2,535,177, an increase of 542,223 customers or 27.2% compared to the first half of fiscal year 2024[17]. - The average spending per customer decreased from HKD 246.6 in the first half of fiscal year 2024 to HKD 231.2 in the first half of fiscal year 2025[19]. - Net profit for the six months ended September 30, 2024, was approximately HKD 45,028,000, a slight decrease of 6.5%[27]. - Revenue for the six months ended September 30, 2024, was HKD 586,177,000, an increase of 19.2% compared to HKD 491,529,000 for the same period in 2023[165]. - Net profit for the period was HKD 45,028,000, a decrease of 6.5% from HKD 48,179,000 in the previous year[165]. - Basic earnings per share decreased to HKD 12.1 from HKD 12.6, reflecting a decline of 3.97%[169]. - Total comprehensive income for the period was HKD 45,572,000, down from HKD 46,983,000, representing a decrease of 3.0%[165]. Cost and Expenses - Employee costs increased by approximately 28.3% to HKD 183,276,000, with the percentage of employee costs to revenue rising from 29.1% to 31.3%[24]. - Material and consumable costs rose by approximately 19.9% to HKD 160,111,000, maintaining a percentage of 27.3% of revenue[23]. - Depreciation of property, plant, and equipment increased by approximately 32.6% to HKD 25,592,000, while the percentage of depreciation to revenue rose from 3.9% to 4.4%[26]. - The group reported a net cash outflow from investing activities of HKD 31,919,000 for the six months ended September 30, 2024, compared to HKD 59,151,000 in 2023, showing a reduction of about 46.0%[186]. - The company reported a loss on impairment of property, plant, and equipment of HKD 267,000 for the six months ended September 30, 2024, compared to no impairment loss in the previous year[183]. Shareholder Information - The group declared an interim cash dividend of HKD 0.060 per share for the six months ended September 30, 2024, compared to HKD 0.055 per share in 2023, totaling approximately HKD 22,770,000[35]. - The company’s dividend policy is to distribute no less than 50% of the profit attributable to shareholders[36]. - As of September 30, 2024, the major shareholders, Mr. Wong and Ms. Chan, each hold 68.59% of the shares through controlled corporations[40]. - Major shareholders Mr. Huang and Ms. Chan each hold 260,302,000 shares, representing approximately 68.59% of the company's equity[49]. - IKEAB Limited, beneficially owned by Mr. Huang and Ms. Chan, holds 250,318,000 shares, accounting for about 65.96% of the company's equity[49]. Corporate Governance - The company has established an audit committee to oversee the financial reporting process and internal controls[156]. - The audit committee reviewed the unaudited condensed consolidated financial statements for the six months ended September 30, 2024, confirming compliance with applicable accounting standards and legal requirements[156]. - The company has complied with the corporate governance code as per GEM listing rules[154]. - The board of directors confirmed compliance with trading standards for all directors during the six months ended September 30, 2024[155]. - The company has no competition or conflict of interest with its major shareholders as of September 30, 2024[155]. Future Outlook - The company anticipates improved performance as travelers gradually return to Hong Kong and interest rate expectations decline[37]. - The company plans to continue enhancing food quality and providing top-notch service as key factors for success[37]. - The company is actively negotiating new potential locations in Hong Kong and mainland China for business expansion[37]. - The company plans to continue expanding its market presence and investing in new product development to drive future growth[165]. - The group continues to explore opportunities for market expansion and new strategies to enhance overall performance[199].

Financial Performance - Revenue rose approximately 19.3% to HKD 586,177,000[2] - Net profit for the six months ended September 30, 2024, was approximately HKD 45,028,000, a decrease of about 6.5% compared to the previous period[35] - Basic earnings per share for the period was HKD 12.1, down from HKD 12.6 in the same period last year[177] - Total comprehensive income for the six months ended September 30, 2024, was HKD 45,572,000, compared to HKD 46,983,000 for the same period in 2023[173] - The company reported a total of HKD 3,614,000 in other income for the six months ended September 30, 2024, slightly up from HKD 3,468,000 in the previous year[173] Customer Metrics - Customer visits increased by 27.2% to 2,535,177[2] - Average spending per customer slightly decreased from HKD 246.6 to HKD 231.2[2] - Customer visits increased by 542,223 or 27.2%, totaling 2,535,177 visits during the period[25] Dividend Information - The board proposed an interim cash dividend of HKD 0.060 per share to shareholders on record as of December 10, 2024[4] - The company declared an interim cash dividend of HKD 0.060 per share for the six months ended September 30, 2024, compared to HKD 0.055 per share in 2023, totaling approximately HKD 22,770,000[43] - The company maintains a dividend policy of distributing no less than 50% of the profit attributable to shareholders[44] Restaurant Operations - The company opened 8 new restaurants in the six months ending September 30, 2024[2] - Total restaurant count increased from 55 to 62, with 56 in Hong Kong and 6 in mainland China as of September 30, 2024[18][20] - The group opened eight new restaurants during the six months ended September 30, 2024, including locations in Kwai Chung, Tai Po, and Tsim Sha Tsui[17] - New restaurant openings are planned, including locations in Popcorn and Causeway Bay, expected to open in Q4 2024[22] - The group ceased operations at the restaurant "Ramen Le" in April 2024 due to inefficiency based on staff deployment[17] Cost and Expenses - The cost of materials and consumables increased by approximately 19.9% in the first half of FY2025 compared to FY2024, maintaining a percentage of 27.3% of revenue due to effective cost control measures[31] - Employee costs rose by about 28.3% in the first half of FY2025 compared to FY2024, with the percentage of revenue increasing from 29.1% to 31.3% due to more restaurants commencing operations[32] - Depreciation of property, plant, and equipment increased by approximately 32.6% in the first half of FY2025 compared to FY2024, with the percentage of revenue rising from 3.9% to 4.4%[34] - Other expenses increased by approximately 21.5% in the first half of FY2025 compared to FY2024, maintaining a percentage of 5.0% of revenue[34] Financial Position - Cash and cash equivalents as of September 30, 2024, amounted to HKD 185,800,000, with no bank borrowings reported[37] - Non-current assets increased to HKD 676,829 thousand from HKD 664,291 thousand, representing a growth of approximately 1.8%[180] - Current assets rose to HKD 216,688 thousand, up from HKD 170,863 thousand, marking a significant increase of about 27%[180] - The company reported a current liability exceeding current assets by HKD 72,857 thousand as of September 30, 2024[197] - The company has available bank financing of HKD 20,500 thousand, which supports its future cash flow needs[197] Share Options and Equity - The share options plan aims to attract and retain qualified personnel, rewarding past contributions and encouraging future performance[63] - The company has a total of 40,000,000 shares available for grant under the share option plan, representing approximately 10.5% of the issued share capital[66] - As of September 30, 2024, the company has 5,586,000 unexercised share options, accounting for about 1.5% of the issued share capital[68] - The share options granted to directors as of September 30, 2024, include various tranches with percentages ranging from 0.02% to 0.04%[53] - Mr. Huang and Ms. Chen each hold 68.59% equity in the company, totaling 260,302,000 shares[48] Future Outlook - Future performance is expected to improve as travelers return to Hong Kong and interest rates are anticipated to decrease, with ongoing efforts to enhance food quality and service[45] - The company plans to continue negotiating new potential locations in Hong Kong and mainland China for business expansion[45] Compliance and Governance - The company is committed to ensuring the accuracy and completeness of the information provided in compliance with GEM listing rules[14] - The audit committee reviewed the financial statements for the six months ended September 30, 2024, and confirmed compliance with applicable accounting standards and regulations[164] - The company has complied with the corporate governance code as per GEM Listing Rules Appendix 15 for the six months ended September 30, 2024[162]

Environmental Impact - The total waste generated in FY2024 was 7,079,540 kg, an increase of 45.0% from 4,868,000 kg in FY2023[17] - Electricity consumption rose to 10,508,021 kWh in FY2024, up from 8,262,777 kWh in FY2023, representing a 27.0% increase[18] - The average energy intensity decreased to 13.85 kWh per HKD 1,000 revenue in FY2024 from 14.96 kWh in FY2023, a reduction of 7.4%[18] - The total gas consumption was 3,676,041 kWh in FY2024, up from 2,918,059 kWh in FY2023, indicating a 26.0% increase[18] - The company reported a total greenhouse gas emissions of 7.1 tons of CO2 equivalent in FY2024, with no specific targets set for emissions reduction[12] - The average waste disposal per operating day was 398.78 kg in FY2024, compared to 324.19 kg in FY2023, an increase of 23.0%[17] Supplier and Procurement - The number of major suppliers (accounting for 80% of total procurement) increased to 64 in FY2024, up from 53 in FY2023, which is a 20.8% increase[30] - The total number of suppliers increased to 316 in FY2024, compared to 279 in FY2023, reflecting a 13.3% growth[30] - The company has a rigorous supplier selection process, ensuring that new suppliers meet quality and cost standards before approval[58] - The company does not establish long-term agreements with suppliers, aligning with industry practices in Hong Kong[58] Training and Employee Engagement - The company provided a total of 5,642 training hours in FY2024, compared to 3,584.5 hours in FY2023, marking a 57.3% increase in training hours[28] - The company maintained a 100% training participation rate for employees in FY2024, consistent with FY2023[28] Financial Performance - The company reported a net profit of HKD 90,458,000 for the year ending March 31, 2023, compared to HKD 68,567,000 in the previous year, indicating a year-over-year increase of approximately 32%[78] - Total comprehensive income for the year was HKD 89,625,000, which includes other comprehensive expenses of HKD 1,025,000[78] - The company declared dividends amounting to HKD 40,520,000 during the reporting period, reflecting a significant cash outflow[78] - As of March 31, 2024, total equity is projected to increase to HKD 239,344,000, driven by anticipated growth in retained earnings[78] Corporate Governance and Compliance - The company emphasizes the importance of fair disclosure to enhance corporate governance and build market confidence[55] - The company has established procedures for insider information disclosure and has formed a task force to assess the necessity of disclosing insider information[175] - The board confirmed compliance with the GEM Listing Rules regarding securities trading throughout the fiscal year ending March 31, 2024[177] - The company has a compliance committee responsible for reviewing and reporting on sustainability standards and goals[171] Community Engagement and Social Responsibility - The company is committed to improving community welfare and encourages employees to participate in charitable activities[62] - The company has engaged stakeholders formally and informally to better understand their opinions and expectations[172] Cash Flow and Financing Activities - The group reported a net cash increase of HKD 24,964 thousand for the year ending March 31, 2024, compared to HKD 54,642 thousand in the previous year[104] - Cash and cash equivalents at the end of the year amounted to HKD 142,973 thousand, up from HKD 118,720 thousand at the beginning of the year[104] - The group incurred a net cash outflow from investing activities of HKD 96,717 thousand, compared to HKD 65,032 thousand in the previous year[104] - The group recognized government subsidies as deferred income, which will be transferred to profit or loss systematically over the useful life of the related assets[98] Business Operations - The group operates a total of 55 full-service restaurants as of March 31, 2024, strategically located in prime areas of Hong Kong and Shanghai[139] - The group targets mid to high-end customer segments with a diverse menu including Southeast Asian, Chinese, Japanese, and Western cuisines[139] - The group has expanded its restaurant network continuously since the opening of its first restaurant in December 2007[139] Accounting and Financial Reporting - The company has applied new and revised Hong Kong Financial Reporting Standards, which did not have a significant impact on the financial position or performance for the year[84] - The group continues to assess the impact of new accounting policies on its financial statements, ensuring compliance with the latest standards[84] - The group measures expected credit losses equivalent to 12 months unless there is a significant increase in credit risk since initial recognition[188] - The group recognizes lease liabilities at the present value of unpaid lease payments at the lease commencement date, using the incremental borrowing rate if the implicit rate is not determinable[118] Assets and Liabilities - Non-current liabilities increased to HKD 356,624 thousand in 2024 from HKD 303,747 thousand in 2023, representing a growth of 17.4%[47] - The net asset value rose to HKD 239,344 thousand in 2024, up from HKD 189,957 thousand in 2023, indicating a significant increase of 26.0%[47] - Total equity increased to HKD 239,344 thousand in 2024, compared to HKD 189,957 thousand in 2023, reflecting a growth of 26.0%[47] - Deferred tax liabilities rose to HKD 4,224 thousand in 2024, up from HKD 2,171 thousand in 2023, which is an increase of 94.5%[47]

Financial Performance - Revenue for the year increased by 37.0% to approximately HKD 1,023,900,000[9] - Profit attributable to owners of the company significantly increased to HKD 90,500,000, representing a growth of 31.9%[9] - For the fiscal year ending March 31, 2024, the company recorded a revenue of approximately HKD 1,023,946,000, representing a growth of 37.0% compared to the fiscal year 2023[33] - The net profit attributable to the company's owners increased by approximately HKD 21,891,000 or 31.9%, reaching HKD 90,458,000 for the fiscal year ending March 31, 2024[27] - Adjusted for the impact of the Hong Kong government's anti-epidemic subsidies received in fiscal year 2023, the net profit increased by approximately HKD 38,502,000 or 74.1%[28] - The cost of materials and supplies amounted to HKD 275,938,000, accounting for 26.9% of revenue, a decrease from 28.7% in the previous year[24] - Employee costs rose to HKD 306,705,000, representing 30.0% of revenue, slightly down from 30.2% in the previous year[24] - Other expenses, including advertising and maintenance, totaled HKD 50,831,000, an increase of approximately 22.2%, but decreased as a percentage of revenue from 5.6% to 5.0%[36] Dividends - Proposed final cash dividend of HKD 0.074 per share, compared to HKD 0.052 for the previous year[6] - The dividend payout ratio for the fiscal year is estimated at 54.0%, with a total dividend amount of HKD 28,024,000[50] - The company reported a final cash dividend of HKD 0.074 per share for the year ended March 31, 2024, compared to HKD 0.052 per share for the previous year[93] - The interim dividend paid for the six months ended September 30, 2023, was HKD 0.055 per share, up from HKD 0.048 per share for the same period in 2022[93] - The company plans to pay the final dividend on or around August 23, 2024, subject to shareholder approval at the annual general meeting[93] Assets and Liabilities - Total assets reached HKD 835,154,000 as of March 31, 2024, up from HKD 688,549,000 the previous year[16] - Net asset value increased to HKD 239,344,000 from HKD 189,957,000 year-on-year[16] - The company has no significant contingent liabilities as of March 31, 2024[29] - The company's distributable reserves as of March 31, 2024, amounted to HKD 57,636,000, an increase from HKD 45,297,000 in 2023[95] Expansion Plans - The company plans to continue expanding its restaurant network and enhancing customer experience[21] - The company plans to continue exploring new potential locations in Hong Kong and mainland China for expansion[38] Corporate Governance - The company has appointed independent non-executive directors to enhance governance and compliance[70] - The independent non-executive directors have signed appointment letters effective from January 17, 2024, for a term of three years[100] - The company is committed to compliance with relevant laws and regulations, as discussed in the corporate governance report[86] - The board of directors consists of six members, including non-executive directors, with a focus on maintaining high ethical standards[147] - The company has complied with the corporate governance code as stipulated in the GEM listing rules for the fiscal year ending March 31, 2024[150] - The company has adopted a corporate governance code as its own corporate governance practices, ensuring compliance with the latest developments in corporate governance systems[131] Management and Employees - The company has a strong management team with over 31 years of experience in accounting, finance, and corporate secretarial fields[69] - The company has a dedicated human resources team with experience in international restaurant operations and management[74] - As of March 31, 2024, the group had a total of 1,467 employees, with 1,318 located in Hong Kong[141] - The company emphasizes the importance of internal control systems and risk management, with the board playing a crucial role in oversight[159] - The company is committed to maintaining gender diversity among its employees and will continue to promote diversity through training programs and fair hiring practices[186] Stock Options - The company has granted stock options totaling 1,000,000 shares with an exercise price of 0.90, set to expire on December 15, 2031[68] - As of March 31, 2024, the total number of stock options exercised was 5,440,000, reflecting a decrease of 220,000 from the previous period[68] - The company has a total of 6,110,000 stock options outstanding, with an average exercise price of 1.42[68] - The total number of stock options that can be granted under the stock option plan is 40,000,000 shares, accounting for about 10.6% of the company's issued share capital[129] - The exercise price for stock options is determined based on the higher of the average closing price of the shares on the Stock Exchange for the five trading days immediately preceding the grant date, the closing price on the grant date, or the par value of the shares[119] Board Committees - The company has established various board committees, including a remuneration committee, audit committee, nomination committee, and compliance committee, to enhance board functionality and expertise[189] - The remuneration committee consists of one executive director and three independent non-executive directors, with the chairman being Mr. Zeng Shaochun[189] - The audit committee was established in December 2017 and includes independent non-executive directors, with Mr. Wang Zhanmang as the chairman[191] - The Nomination Committee was established in December 2017, with its written terms of reference adopted by the Board and compliant with the revised GEM Listing Rules effective from January 1, 2019[200] Risk Management - The company’s financial risk management objectives and policies are outlined in the consolidated financial statements[78] - The board has a policy to ensure that the roles of the chairman and the CEO are separated to maintain a balance of power[181] - The company has established a clear organizational structure to assist directors in fulfilling their responsibilities[183]

Financial Performance - In Q3 of FY2024, the company recorded revenue of HKD 757,248,000, an increase of 43.6% compared to Q3 of FY2023[6] - For the nine months ending December 31, 2023, net profit increased by approximately HKD 22,482,000 or 45.4%, with profit attributable to owners rising by HKD 21,570,000 or 43.0%[17] - Adjusted for government subsidies, net profit increased by approximately HKD 39,093,000 or 118.7%, and profit attributable to owners increased by HKD 38,181,000 or 113.9%[17] - Revenue for the nine months ended December 31, 2023, was HKD 757,248 thousand, an increase of 43.5% compared to HKD 527,515 thousand for the same period in 2022[61] - Net profit for the nine months ended December 31, 2023, was HKD 72,015 thousand, representing a 45.3% increase from HKD 49,533 thousand in the previous year[61] - Total comprehensive income for the nine months ended December 31, 2023, was HKD 71,278 thousand, compared to HKD 48,202 thousand for the same period in 2022, marking a 47.9% increase[61] - The company reported a profit attributable to owners of the company of HKD 71,690,000 for the nine months ended December 31, 2023, compared to HKD 50,120,000 for the same period in 2022, representing a year-over-year increase of 42.9%[85] Customer Metrics - The total number of customers served in Q3 of FY2024 was 3,055,631, representing an increase of 836,261 customers or 37.7% from the same period in FY2023[3] - Average spending per customer rose from HKD 237.7 in Q3 of FY2023 to HKD 247.8 in Q3 of FY2024[3] Operational Expansion - The company opened new restaurants contributing to revenue growth, with significant operations starting in Q1 and Q2 of 2024[1] - The company opened 14 new restaurants during the nine months ended December 31, 2023, including locations in Tsim Sha Tsui, Causeway Bay, and Shanghai[54] - Total number of restaurants increased from 42 in March 2023 to 55 by December 2023, representing a growth of 30.95%[88] - The total number of restaurants in Hong Kong rose from 39 in March 2023 to 51 by December 2023, an increase of 30.77%[87] - The number of Japanese and Chinese cuisine restaurants combined grew from 22 and 13 in March 2023 to 30 and 17 by December 2023, reflecting a growth of 36.36% and 30.77% respectively[87] - The number of Southeast Asian cuisine restaurants increased from 4 in March 2023 to 6 by December 2023, a growth of 50%[87] - The company plans to continue expanding its restaurant portfolio, aiming for further growth in the upcoming fiscal year[88] Cost and Expense Management - Employee costs increased by approximately 42.7% in Q3 of FY2024 compared to Q3 of FY2023, primarily due to an increase in the number of restaurants[13] - Material and consumable costs rose by about 31.0% in Q3 of FY2024 compared to Q3 of FY2023, aligning with revenue growth[12] - Property rental and related expenses increased by approximately 32.9% in Q3 of FY2024, attributed to more restaurants being operational[15] - Depreciation of property, plant, and equipment increased by about 46.5% in Q3 of FY2024 compared to Q3 of FY2023, due to the opening of new restaurants[15] - Other expenses amounted to approximately HKD 37,814,000, an increase of HKD 28,706,000 or 31.7%, representing about 5.0% of revenue, slightly down from 5.4% in Q3 FY2023[16] - The company incurred finance costs of HKD 10,562 thousand for the nine months ended December 31, 2023, an increase of 35.8% from HKD 7,779 thousand in the previous year[61] - The company’s total expenses for the nine months ended December 31, 2023, were HKD 205,079 thousand, up from HKD 156,543 thousand in the previous year, reflecting a 30.9% increase[61] Governance and Compliance - The company has complied with the corporate governance code as per GEM listing rules during the nine months ended December 31, 2023[40] - The company has established an audit committee to review and monitor the financial reporting process and internal control procedures[42] - The company has not engaged in any business that constitutes or may constitute competition with its group business as of December 31, 2023[42] - The company has not purchased, sold, or redeemed any of its listed securities during the nine months ended December 31, 2023[39] Financial Position - As of December 31, 2023, the group had cash and cash equivalents of HKD 147,700,000, with no bank borrowings[19] - The group is in a net cash position, indicating no significant debt relative to equity[20] - As of December 31, 2023, there were no significant contingent liabilities reported by the group[21] - The group has outstanding capital commitments of approximately HKD 300,000 as of December 31, 2023[22] Shareholder Information - The company’s major shareholders, Mr. Huang and Ms. Chan, each hold approximately 68.74% of the shares[36] - The weighted average number of ordinary shares used for calculating basic earnings per share was 378,685,000 for the nine months ended December 31, 2023, compared to 385,364,000 for the same period in 2022, indicating a decrease in shares outstanding[85] - The company’s basic earnings per share are calculated based on the profit attributable to shareholders for the relevant period[52] - The company had a diluted earnings per share of HKD 23,927,000 for the three months ended December 31, 2023, compared to HKD 17,043,000 for the same period in 2022, reflecting a significant increase[85] Market Outlook - The company anticipates continued improvement in the Hong Kong market, driven by an increase in tourist arrivals[24] - The company aims to enhance food quality and provide top-notch service as key strategies for success[24] Accounting and Reporting - The company has applied new and revised Hong Kong Financial Reporting Standards during the reporting period, which did not have a significant impact on its financial performance[49] - The company has implemented new accounting policies in accordance with the Hong Kong Financial Reporting Standards, which may affect the presentation of financial results[81] - The company’s total comprehensive income for the period included other comprehensive income adjustments, which were not detailed in the summary[84] - The effective tax rate for the company's subsidiaries in China is 25%, which is consistent with the Corporate Income Tax Law of the People's Republic of China[83] Other Information - The company closed its restaurant in Hysan Place for renovations and plans to reopen two new restaurants in December 2023[55] - The financial report indicates that the company has a 40% stake in the 湘薈 brand, which is accounted for using the equity method in the financial statements[87]

Financial Performance - Revenue increased by approximately 43.6% to HKD 757,248,000[2] - Profit attributable to owners increased by approximately HKD 21,570,000 or 43.0% to about HKD 71,690,000[2] - The group reported a pre-tax profit of HKD 85,877,000 for the nine months ended December 31, 2023, compared to HKD 55,492,000 for the same period in 2022[14] - Total comprehensive income for the period was HKD 71,278,000, up from HKD 48,202,000 year-on-year[14] - Basic earnings per share for the nine months ended December 31, 2023, increased to 18.9 HK cents, up from 13.0 HK cents for the same period in 2022, representing a growth of 45.4%[34] - The company reported a basic earnings per share of 6.0 HK cents for the three months ended December 31, 2023, compared to 4.5 HK cents for the same period in 2022, reflecting a year-over-year increase of 33.3%[34] - Net profit for the nine months ended December 31, 2023, was approximately HKD 72,015,000, representing an increase of 45.4% or HKD 22,482,000 compared to the previous period[73] Customer Growth and Spending - As of December 31, 2023, the company opened 14 new restaurants, contributing to a customer increase of 37.7% to 3,055,631 visits[2] - Average spending per customer rose from HKD 237.7 to HKD 247.8[2] - Customer visits reached 3,055,631 in the third quarter of fiscal year 2024, an increase of 836,261 or 37.7% compared to the same period in the previous year[67] - Average spending per customer rose from HKD 237.7 to HKD 247.8, reflecting a growth of 4.5%[67] Restaurant Expansion - The total number of restaurants increased from 42 to 55 over the nine months ending December 31, 2023, representing a growth of 30.95%[63] - The company plans to reopen two restaurants in December 2023 after renovations, enhancing its market presence[46] - A new restaurant named "Taipei Dining" will be launched in Tuen Mun Town Plaza in December 2023, indicating ongoing market expansion efforts[47] - The company opened 14 new restaurants during the nine months ending December 31, 2023, contributing to the overall growth in customer visits[63] - The total number of restaurants in Hong Kong reached 51 by December 31, 2023, up from 39 at the end of March 2023[63] - The number of Japanese and Chinese restaurants increased from 22 and 13 to 30 and 17 respectively over the same period[62] Costs and Expenses - The company incurred employee costs of HKD 222,760,000, an increase from HKD 156,152,000 in the previous year[14] - Employee costs increased by approximately 42.7% in Q3 FY2024 compared to Q3 FY2023, maintaining a stable percentage of 29.4% of revenue[71] - Depreciation of property, plant, and equipment amounted to HKD 31,202,000, compared to HKD 21,304,000 in the prior year[14] - Depreciation of property, plant, and equipment increased by approximately 46.5%, while the depreciation of right-of-use assets increased by about 45.0% in Q3 FY2024, both remaining stable at 4.1% and 13.7% of revenue respectively[72] - Property rental and related expenses increased by approximately 32.9% compared to Q3 FY2023, primarily due to more restaurants commencing operations in Q3 FY2024[99] - The percentage of property rental and related expenses to revenue slightly decreased from 5.8% to 5.4% due to a decline in revenue caused by the Hong Kong government's dining restrictions[99] Compliance and Governance - The financial report indicates that the company is adhering to the new and revised Hong Kong Financial Reporting Standards, which came into effect on April 1, 2023[41] - The financial results were reviewed by the board and the audit committee, ensuring compliance with GEM listing rules[20] - The company’s financial statements are prepared in accordance with Hong Kong Financial Reporting Standards and GEM Listing Rules[55] - As of December 31, 2023, the company has complied with the corporate governance code as per GEM listing rules[123] - The audit committee reviewed the unaudited condensed consolidated financial statements for the nine months ending December 31, 2023, confirming compliance with applicable accounting standards and disclosure requirements[132] Market Outlook and Strategy - The company plans to continue expanding its market presence and enhancing its product offerings[20] - The company aims to enhance food quality and provide top-notch service as part of its strategy to ensure value for money[126] - The company expresses gratitude to employees and management for their contributions during the reporting period[125] - The company is optimistic about the continuous improvement of the Hong Kong market as the world returns to normalcy[126] - The number of tourists entering Hong Kong in December significantly increased, indicating a potential market improvement[126] Shareholder Information - Major shareholders include Mr. Huang and Ms. Chen, each holding 260,302,000 shares, representing approximately 68.74% of the total equity[121] - IKEAB Limited holds 250,318,000 shares, accounting for approximately 66.10% of the total equity[121] Miscellaneous - The company did not receive any government subsidies in Q3 FY2024, contrasting with approximately HKD 16,700,000 received in Q3 FY2023[96] - The company has no significant contingent liabilities as of December 31, 2023[75] - The group had no bank borrowings as of December 31, 2023[101] - The group's outstanding capital commitments were approximately HKD 300,000 as of December 31, 2023[102] - The company has not purchased, sold, or redeemed any of its listed securities during the nine months ending December 31, 2023[130] - No competitive business activities or conflicts of interest were reported among directors or major shareholders as of December 31, 2023[131]

Financial Performance - For the six months ended September 30, 2023, the group recorded revenue of HKD 491,529,000, an increase of 46.5% compared to the same period in 2022[31] - For the six months ended September 30, 2023, total revenue reached HKD 490,480,000, representing a 70.0% increase compared to HKD 288,000,000 for the same period in 2022[32] - Total revenue for the period ending September 30, 2023, was HKD 491,529,000, representing a 46.5% increase compared to the previous year[55] - Net profit for the six months ending September 30, 2023, was approximately HKD 48,179,000, a 50.1% increase year-over-year[62] - Profit before tax for the six months ended September 30, 2023, was HKD 57,563,000, up 64.5% from HKD 34,930,000 in the previous year[159] - Net profit attributable to owners for the six months ended September 30, 2023, was HKD 47,763,000, an increase of 44.5% compared to HKD 33,077,000 for the same period in 2022[161] - Basic earnings per share for the six months ended September 30, 2023, was HKD 12.6, compared to HKD 8.5 for the same period in 2022, reflecting a 48.2% increase[161] - The company reported a total comprehensive income of HKD 46,983 for the six months ended September 30, 2023, compared to HKD 30,412 in the previous period, reflecting an increase of approximately 54%[185] Customer Engagement and Growth - The total number of customers served across the restaurants reached 1,992,954, an increase of 561,680 customers or 39.2% compared to the six months ended September 30, 2022[30] - The average spending per customer increased from HKD 234.4 in the same period last year to HKD 246.6[30] - The increase in customer visits is attributed to the new restaurants opened and the lifting of previous dining restrictions by the Hong Kong government[30] - The group opened 11 new restaurants during the first half of the 2024 fiscal year, contributing to the increase in customer traffic[25] - The number of restaurants operated by the group increased from 45 to 52 during the reporting period[26] - The company plans to continue expanding its restaurant portfolio to enhance market presence and customer engagement[25] Expenses and Costs - The cost of materials and supplies increased by approximately 33.6%, aligning with revenue growth, while the percentage of materials and supplies to revenue slightly decreased from 29.8% to 27.2%[34] - Property rental and related expenses grew by about 29.8%, primarily due to more restaurants being operational, with the percentage of these expenses to revenue decreasing from 6.0% to 5.3%[35] - Depreciation of property, plant, and equipment increased by approximately 40.8%, while the percentage of depreciation to revenue decreased from 4.1% to 3.9%[36] - Employee costs rose by 36.8% to HKD 142,881,000, while the percentage of employee costs relative to revenue decreased from 31.1% to 29.1%[60] - Other expenses increased by 33.6% to HKD 24,154,000, primarily due to more restaurants being operational[62] Cash and Investments - As of September 30, 2023, cash and cash equivalents amounted to HKD 133,442,000, with no significant foreign exchange risk anticipated in the next 12 months[39] - The company reported a net cash position with no bank borrowings as of September 30, 2023[63][64] - The company has available bank financing of HKD 20,500,000, which supports its future liquidity needs[195] - The company incurred a net cash outflow of HKD 57,028 for the purchase of property, plant, and equipment, compared to HKD 16,078 in the previous period, indicating a significant increase in capital expenditures[175] Dividends and Shareholder Information - The company declared an interim cash dividend of HKD 0.055 per share, totaling approximately HKD 20,828,000, compared to HKD 0.048 per share in 2022[44] - The company has adopted a dividend policy of distributing no less than 50% of the profit attributable to shareholders[45] - The company plans to distribute an interim dividend to shareholders on November 30, 2023[69] Corporate Governance and Compliance - The company has established an audit committee to oversee the financial reporting process and internal control procedures, ensuring compliance with GEM listing rules[178] - The audit committee reviewed the unaudited consolidated financial statements for the six months ended September 30, 2023, and found them compliant with applicable accounting standards and disclosure requirements[153] - The company has complied with the corporate governance code as per GEM Listing Rules Appendix 15 during the six months ended September 30, 2023[151] Share Options and Major Shareholders - The stock option plan allows for a total of 40,000,000 shares to be granted, representing approximately 10.6% of the company's issued share capital[82] - The stock options granted to directors and senior management are subject to approval from independent non-executive directors[81] - The company has a stock option plan in effect since January 17, 2018, with a duration of 10 years[80] - The company’s major shareholders, Mr. Huang and Ms. Chen, hold 68.74% of the equity in IKEAB Limited[72] - As of September 30, 2023, major shareholders Mr. Huang and Ms. Chen each hold 260,302,000 shares, representing approximately 68.74% of the company's equity[95] - IKEAB Limited, owned 70% by Mr. Huang and 30% by Ms. Chen, is considered to have interests in the company's shares[95]