Summary by Moomoo AI
Cafe de Coral Holdings (Stock Code: 341) announced its annual performance for the year ended March 31, 2024. The group's annual revenue increased to HKD 869.14 million, an increase from the previous fiscal year's HKD 802.40 million. Shareholders' attributable net profit was HKD 33.05 million, a significant increase from last year's HKD 11.04 million. After excluding COVID-19 government subsidies, shareholders' attributable net profit was approximately 4.8 times that of last year. Gross margin increased from 8.8% in the previous year to 11.4%. Both Hong Kong and China businesses showed significant improvements, particularly the strong rebound in same-store sales of China business. The Group recommended to distribute a final dividend of HKD 0.42 per share. The total dividend payout ratio for the year was 101.0%. The appointment of the...Show More