Summary by Moomoo AI
FAIRWOOD HOLD ANNOUNCED UNAUDITED INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2023, WITH REVENUES INCREASING TO HK$15.580 BILLION, A GROSS MARGIN OF 9.4%, AND A PROFIT OF HK$3,630 MILLION FOR EQUITY SHAREHOLDERS AND A BASIC EARNINGS OF HK28.03 CENTS PER SHARE. During the period, the Group actively introduced new dishes and digitisation measures and reduced food costs through cost management strategies. The Group operates 144 fast food restaurants and 10 specialty restaurants in Hong Kong and has 24 stores in the Greater Bay Area. THE GROUP DECLARED AN INTERIM DIVIDEND OF HK$11.0 CENTS PER SHARE, WITH A DIVIDEND RATIO OF APPROXIMATELY 39%. The Board confirms compliance with the Corporate Governance Code and does not purchase, sell or redeem any listed securities.
