Financial Performance - Revenue increased by 19.1% to approximately HKD 1,219,600,000[5] - Profit attributable to owners increased by 5.6% to HKD 95,500,000[5] - Revenue for the fiscal year ending March 31, 2023, was HKD 747,517,000, representing a 31.6% increase from HKD 568,056,000 in 2022[16] - The pre-tax profit for the same period was HKD 76,076,000, a significant increase of 178.5% compared to HKD 27,339,000 in 2022[16] - The company recorded a revenue of approximately HKD 1,219,605,000 for the fiscal year 2025, representing a growth of 19.1% compared to the fiscal year 2024[30] - Net profit for the year ended March 31, 2025, was approximately HKD 93,163,000, reflecting an increase of about 2.8%[36] Restaurant Operations - The number of restaurants increased to 66 as of March 31, 2025, with 12 new restaurants opened during the year[5] - The company opened 12 new restaurants during the fiscal year, contributing to a total of 66 restaurants by March 31, 2025, up from 62 in 2024[23][24] - The total number of customers served across all restaurants in fiscal year 2025 was 5,230,386, an increase of 1,093,935 customers or 26.4% from the previous fiscal year[29] - The company plans to open new restaurants, including "米泰" in Tsuen Wan and "金龍&悅見" in East Point City, both expected to start operations in the second quarter of 2025[26] Customer Engagement - Customer visits rose by 26.4% to 5,230,386[5] - The customer relationship management system now has over 190,000 members, indicating strong brand recognition and trust among consumers[18] Cost and Expenses - Employee costs rose by 21.7% to HKD 373,267,000, representing 30.6% of total revenue[33] - The cost of materials and supplies increased by approximately 21.1% in fiscal year 2025, primarily due to the opening of new restaurants[33] - Property rental and related expenses are projected to grow by about 11.6% in FY2025, with the percentage of revenue decreasing from 5.4% to 5.0%[34] - Other expenses amounted to approximately HKD 60,692,000, an increase of about 19.4%, maintaining a stable percentage of around 5.0% of revenue[35] Dividends and Shareholder Returns - The proposed final dividend is HKD 0.080 per share, compared to HKD 0.074 for the previous year[7] - The proposed final cash dividend is HKD 0.080 per share, with a payout ratio of 56% based on the estimated profit attributable to shareholders of approximately HKD 95,533,000[41][42] - As of March 31, 2025, the company's distributable reserves amounted to HKD 87,062,000, an increase from HKD 57,636,000 in 2024[68] Future Projections - Future revenue projections estimate earnings of HKD 1,023,946,000 for 2024 and HKD 1,219,605,000 for 2025, reflecting continued growth[16] - The company anticipates that its business will be affected by the global economic downturn but will continue to enhance food quality and service[43] Environmental Impact - Total carbon dioxide emissions for the fiscal year 2025 reached 8,916,000 kg, up from 6,783,000 kg in fiscal year 2024, representing a 31.4% increase[197] - Total greenhouse gas emissions increased to 6,806.16 tons in FY2025 from 5,584.44 tons in FY2024, representing a growth of approximately 21.8%[199] - The company emphasizes the importance of effective governance in managing environmental, social, and governance risks[182] Corporate Governance - The company is committed to compliance with relevant laws and regulations, as outlined in the corporate governance and ESG reports[65] - The board consists of six members, including two executive directors and three independent non-executive directors, ensuring a high level of ethical standards[122] - The company has established procedures for handling and disseminating inside information, ensuring compliance with relevant regulations[169] Employee Management - The company has a dedicated team for procurement and quality assurance to ensure high standards[62] - The company provides competitive compensation and discretionary bonuses based on individual performance[112] - The company has implemented measures to ensure compliance with legal and regulatory requirements[131] Share Options and Equity - The total number of stock options available for grant under the plan as of March 31, 2025, is 29,850,000 options, down from 33,390,000 options on April 1, 2024[95] - A total of 3,540,000 stock options were granted during the year ending March 31, 2025[97] - The exercise price for stock options granted ranges from HKD 0.85 to HKD 0.92, with the highest number of options (140,000) granted at an exercise price of HKD 0.92[90] Risk Management - The board is responsible for overseeing the effectiveness of the company's risk management and internal control systems, which are designed to manage business risks[164] - The company has established various risk management guidelines and procedures, including securities trading policies and confidentiality control policies[164]
尝高美集团(08371) - 2025 - 年度业绩