Core Viewpoint - Tsui Wah Holdings announced that its restaurant at Hong Kong International Airport will cease operations around October 28 due to failing to secure a renewal of its operating license, which will impact approximately 8% of the company's total revenue [1][2]. Group 1: Company Operations - The Hong Kong International Airport store has been in operation since November 2012 and generated significant revenue, approximately 6.17 times more than the average contribution of other restaurants [1]. - In the fiscal year 2025 (April 2024 - March 2025), Tsui Wah Holdings reported a 5% decline in revenue to HKD 906 million and a 68.4% drop in net profit to HKD 12.34 million [1]. - The company closed two restaurants in Hong Kong during the fiscal year 2025 while opening four new ones [2]. Group 2: Financial Performance - For the fiscal year ending March 31, 2025, revenue from Hong Kong increased by 1.78% to HKD 515 million, while revenue from mainland China decreased by 13.92% to HKD 371 million [5]. - The company has been reducing its number of restaurants in mainland China since April 2022, closing four restaurants without opening new ones [5]. - Tsui Wah Holdings maintains a cautious optimism regarding future growth, planning to expand in traditional markets while exploring new growth opportunities [5].

Core Viewpoint - Tsui Wah Holdings reported a decline in revenue and net profit for the fiscal year ending March 31, 2025, indicating challenges in both local and mainland markets [1][2]. Financial Performance - Revenue decreased by 5.04% year-on-year to HKD 906.04 million [1][2]. - Net profit attributable to shareholders fell by 68.42% to HKD 12.34 million [1][2]. - Basic earnings per share dropped by 67.8% to HKD 0.92 [2]. Revenue Breakdown - Revenue from Hong Kong increased by 1.8% to HKD 514.60 million [2][3]. - Revenue from mainland China decreased by 14.1% to HKD 370.59 million [2][5]. - Revenue from other regions rose by 22.2% to HKD 20.86 million [2]. Restaurant Operations - The total number of restaurants remained stable at 72, with 6 closures and 6 openings during the reporting period [3][5]. - In Hong Kong, the number of restaurants increased to 31, with 4 new openings and 2 closures [3][5]. - In mainland China, the number of restaurants decreased to 32, with 4 closures and no new openings [5]. Cost and Market Conditions - Property rental and related expenses increased by 10.59% to HKD 59.86 million [3]. - The mainland market faced intensified price competition and rising ingredient costs due to tariff adjustments [5]. - The company is focusing on cost control and seeking quality suppliers to mitigate external impacts [5]. Future Outlook - Tsui Wah Holdings maintains a cautiously optimistic outlook for future development, planning to expand in traditional markets while exploring new growth opportunities [5].