大快活集团(00052) - 2026 - 中期业绩

Financial Performance - Revenue decreased by 2.3% to HKD 1.517 billion compared to HKD 1.553 billion in the previous year[2] - Profit attributable to equity shareholders for the period was HKD 13.215 million, down from HKD 15.521 million in the previous year[4] - Basic earnings per share decreased to HKD 10.20 from HKD 11.98 in the previous year[4] - Total comprehensive income attributable to equity shareholders for the period was HKD 13.260 million, down from HKD 14.930 million in the previous year[6] - The group reported a pre-tax profit of HKD 15,703,000 for the six months ended September 30, 2025, compared to HKD 17,774,000 for the same period in 2024[11] - Reported segment profit before tax for the six months ended September 30, 2025, was HKD 28,909,000, down 8.0% from HKD 31,422,000 in 2024[20] - The net profit attributable to shareholders was HKD 13.2 million, down 14.9% from HKD 15.5 million in the previous year, mainly due to decreased sales[50] Revenue and Sales - Revenue for the six months ended September 30, 2025, was HKD 1,517,523,000, a decrease from HKD 1,553,451,000 for the same period in 2024[15] - Food and beverage sales amounted to HKD 1,514,329,000, down from HKD 1,550,241,000 in the previous year[15] - Total revenue for the six months ended September 30, 2025, was HKD 1,517,793,000, a decrease of 2.1% from HKD 1,553,625,000 in 2024[19] Profitability Metrics - Gross profit margin increased to 8.1% from 7.5% in the previous year[2] - Gross margin increased to 8.1% from 7.5% in the previous year, attributed to optimized employee cost management and reduced asset amortization[45] - Basic earnings per share for the six months ended September 30, 2025, were HKD 13,215,000, down from HKD 15,521,000 in 2024[26] - Diluted earnings per share for the same period were also HKD 13,215,000, consistent with the basic earnings per share[27] Cash and Assets - Cash and cash equivalents as of September 30, 2025, were HKD 552.074 million, slightly up from HKD 545.653 million as of March 31, 2025[7] - Total assets less current liabilities amounted to HKD 1.292 billion as of September 30, 2025[7] - The group’s total equity as of September 30, 2025, was HKD 644,392,000, a decrease from HKD 652,035,000 as of March 31, 2025[10] - The group's bank deposits and cash amounted to HKD 552.1 million, representing 76.6% of total current assets, with an increase of HKD 6.4 million or 1.2% compared to the previous period[52] Liabilities and Debt - Low debt ratio of 2.5%, compared to 0.8% as of March 31, 2025[2] - The group recognized lease liabilities of HKD 361,184,000 as of September 30, 2025, compared to HKD 372,430,000 as of March 31, 2025[10] - The total current liabilities were HKD 847,814,000, up from HKD 812,659,000 as of March 31, 2025, resulting in a net current liability of HKD 127,457,000[10] - The group obtained bank loans of HKD 16.4 million to expand its business in China, resulting in a debt ratio of 2.5%[52] Operational Highlights - The company opened 3 new fast-food outlets in Hong Kong, bringing the total to 150 outlets as of September 30, 2025[40] - In mainland China, the company added 4 new fast-food outlets during the review period, indicating a stable and sustainable operational model with significant growth potential[40] - The group implemented effective cost control measures in labor, rent, and food costs to enhance overall efficiency[35] Marketing and Product Development - New product offerings included the upgraded "Ah Wok Curry" series and traditional "Hong Kong Classics" menu items, aimed at attracting new customers[36] - The group collaborated with a well-established local brand to launch authentic Hong Kong-style satay dishes, enhancing menu diversity[36] - Marketing initiatives targeted younger customers, including collaborations with local influencers to rejuvenate the brand image[37] Dividends and Shareholder Returns - The board declared an interim dividend of HKD 0.05 per share[2] - The company declared an interim dividend of HKD 0.05 per share, maintaining the same level as in 2024[25] - The board declared an interim dividend of HKD 0.05 per share, representing 49% of the profit attributable to equity shareholders, up from 42% in the previous period[60] Corporate Governance - The audit committee consists of three independent non-executive directors and reports to the board of directors[65] - The company has adopted the "Standard Code" for securities trading by directors as per the listing rules, confirming compliance for the six months ending September 30, 2025[66] - The interim results announcement will be published on the company's website and the Hong Kong Stock Exchange website, with all required information to be sent to shareholders[67] Social Responsibility - The company has implemented a corporate social responsibility program, including initiatives to support the elderly and develop soft food options, serving over 640 individuals through various activities[39] Future Outlook - The company anticipates continued growth in mainland China, supported by effective marketing strategies and the opening of flagship stores[42] - The company aims to enhance cost efficiency and focus on same-store sales growth and store expansion as key growth strategies moving forward[41]