Press Releases

26 June 2017

Annual Results Announcement (For the year ended 31 March 2017)

      Highlights

  • The Group’s revenue for the year increased 4.3% to HK$7,895 million attributable to network expansion and brand portfolio enhancement. Profit attributable to shareholders amounted to HK$503.8 million, 2.7% lower than the preceding financial year or an improvement of 1.9% if certain non-operating and non-recurring items were excluded.
  • The Group’s quick service restaurants and institutional catering business recorded stable revenue growth. In the casual dining sector, the Group increased market penetration with its stronger brand portfolio. The Mainland China operations achieved satisfactory same store sales growth and an improvement in profit margin, laying a solid platform for sustainable growth. 
  • During the year under review, the Group adopted a multi-faceted strategy to strengthen its workforce and stepped up investments in brand and network expansion. These investments are critical for supporting long-term business growth despite their short-term impact on the Group’s profit growth pace.
  • A final dividend of HK63 cents per share (FY2015/16: HK63 cents) is recommended, with a total dividend payout ratio of 94.1% for the year.

Please click the below link for the announcement:

http://www.cafedecoral.com/eng/investor_relations/announcements/images/Announcements2017/e_20170626.pdf

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