Interim Results Announcement For The Six Months Ended 30 September 2016
28 Nov, 2016
The Group performed steadily for the first six months of FY2016/17, with a healthy growth in total revenue and profit. The positive results demonstrate not only the capable stewardship of our new management team, but also the successful completion of the Group’s succession plan.
Our quick service restaurant (QSR) and institutional catering business recorded a robust and stable performance, marked by encouraging revenue and same-store sales growth. Business in the fast casual and casual dining segment also experienced revenue increases, driven by the growing popularity of our homegrown and franchised brands. In Mainland China, our fast food business also saw its revenue stabilizing, thanks to constant efforts to update our menu offerings to better cater to local consumer tastes.
Despite the rapidly transforming external environment, the Group has demonstrated its ability to adapt well and delivered stable business improvements as it moved steadfastly forward in the first half of 2016/17. Our cohesive teams, comprehensive infrastructure and efficient processes position us well to seize market opportunities and embark on the next phase of expansion. The Group’s robust foundation will enable us to weather many economic storms and drive us towards the goal of long-term sustainable growth.
05 Jul, 2016
Annual Results Announcement (For the year ended 31 March 2016)
22 Jun, 2016
The year under review was one of steady growth in our main businesses as well as setbacks in the Mainland of China, where we remain committed to building our brands. With the successful leadership transition and organisational adjustments we have made across our business units during the year, we are confident that we can take the Group to an even higher level in the years ahead.
Café de Coral Group Awarded HKQAA CSR Index Plus Mark
13 May, 2016
Café de Coral Holdings Limited (“The Group”) (Stock Code: 0341) was awarded the HKQAA CSR Index Plus mark by the Hong Kong Quality Assurance Agency (“HKQAA”) today, following the inclusion of the Group as a constituent member of the Hang Seng Corporate Sustainability Benchmark Index in August last year.
Café de Coral Group & 13 of its Brands Named Caring Company
10 May, 2016
Cafe de Coral Holdings Limited (The Group) (Stock Code: 0341) and thirteen of its brands were named Caring Company by The Hong Kong Council of Social Service. The Group, Luncheon Star, The Spaghetti House and Oliver's Super Sandwiches were named Caring Company for five consecutive years.
INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2015
30 Nov, 2015
The Group’s quick service restaurant (QSR) business in Hong Kong recorded a healthy turnover growth during the first six months of FY2015/16. Performance of our fast casual and casual dining business was, however, held back by the significant investment we ploughed in to support our continual expansion in this segment. The Group’s overall performance for the period has, to some extent, reflected a downturn in retail sentiments, driven by the weakening economy. Some of the Group’s restaurants in the major shopping precincts saw a slow recovery in the aftermath of the community disruptions since the last quarter of 2014.
In Mainland China, our fast food business growth was flat compared with last year and our casual dining business saw a steeper decline, due to the rising tide of consumer reluctance to spend on higher priced meals. We made the deliberate move to slow down our growth in scale and pace in the country.
A balanced business portfolio with the right mix of our QSR, fast casual and casual dining and Mainland platforms will provide us with a greater room for expansion – a cornerstone of sustainable growth for the Café de Coral Group.
CAFÉ DE CORAL GROUP EXPANDS COOPERATION WITH JNT CO. LTD TO COVER GUANGDONG PROVINCE
22 Oct, 2015
Café de Coral Group today (22 October 2015) announced that it has signed an agreement with JNT Co. Ltd (JNT) from Korea to expand the cooperation between the two companies to cover the Guangdong Province. Under this agreement, Café de Coral Group will have the rights to open shops under the healthy food brand of THE CUP in Guangdong Province, in addition to Hong Kong.
ANNUAL RESULTS ANNOUNCEMENT (FOR THE YEAR ENDED 31 MARCH 2015)
23 Jun, 2015
Since I last reported, our business performance has remained strong. In particular, I am proud of our management's efforts to consistently implement the Group’s sustainable strategy as laid down by the Board, with our business presence continuously expanding across geographies, brands, product categories and market segments through organic growth and franchise acquisitions.
CAFÉ DE CORAL GROUP NAMES ITS CSR PROGRAMME “CAFÉ DE CORAL TWINKLE ACTION”
22 Apr, 2015
Café de Coral Group today (22 April) announced that it has named its CSR programme “Café de Coral Twinkle Action” to consolidate all its Corporate Social Responsibility (CSR) efforts on one platform and to bring out its CSR philosophy. “Café de Coral Twinkle Action” aims to provide the necessary support and opportunity allowing everyone to glow contributing to the community as a whole. The naming and kick-off ceremony was conducted at a gathering to say thanks to its community partners.
INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2014
28 Nov, 2014
The first six months of the Group’s FY2014/15 witnessed the launch of our long-term growth plan designed to accomplish sustainable business growth upon a roust infrastructure. We also progressively rolled out a variety of programmes and projects to grow our leading brands and develop new concepts that will help us build a stronger and more sustainable organisation.
THE BRAND NEW COOKING MAMA 360 INTRODUCES INNOVATIVE KOREAN CUISINE
06 Nov, 2014
Korean cuisine, movies, TV shows, cosmetics are popular in Hong Kong nowadays, and Korean food has been one of the popular cuisines among Hong Kong people. Cooking MaMa 360 has just opened a new branch in Causeway Bay with a completely new image and concept, featuring a combination of the chef’s innovation and tradition of stylish Korean cuisine, offering a perfect gathering spot especially for the Korea maniacs.
THE SPAGHETTI HOUSE CELEBRATES ITS 35TH ANNIVERSARY WITH “FAMILY。FUN。LOVE” MEALATHON
20 Oct, 2014
The Spaghetti House held a special charitable activity, “Family。Fun。Love” Mealathon, on Saturday (18 October 2014) to celebrate its 35th anniversary. Collaborated with St. James’ Settlement, 350 participants from deprived families or families with member with disability of different districts joined the “mealathon” at The Spaghetti House’s outlet in Tsuen Wan in three different sessions, enjoying not only a scrumptious meal, but also some fun time learning balloon twisting as well as how to make a simple healthy snack, Sesame Tofu Pudding at home.