Core Viewpoint - The company, Meet Xiaomian (02408), is expected to achieve a significant increase in annual profits for the fiscal year ending December 31, 2025, with projected profits ranging from RMB 100 million to RMB 115 million, representing a year-on-year increase of approximately 64.7% to 89.5% [1] Financial Performance - The adjusted net profit (non-IFRS measure) is anticipated to be between RMB 125 million and RMB 140 million, reflecting a year-on-year growth of about 95.6% to 119.1% [1] Business Expansion - The improvement in profitability is primarily attributed to the expansion of both direct-operated and franchised restaurant networks, with the total number of restaurants expected to grow from 360 as of December 31, 2024, to 503 by December 31, 2025 [1] - The company is gradually expanding its restaurant locations from city centers to surrounding areas, where rental costs are lower but profit margins are higher [1] Profit Contribution - The operating profit margin of restaurants in the Hong Kong Special Administrative Region is notably high, and the contribution to profits is expected to increase as the number of outlets grows [1] - Additionally, the dilution of headquarters costs is contributing to the overall improvement in profitability [1]
港股异动 | 遇见小面(02408)涨近4% 预计2025年利润最高同比增长89.5%