Summary by Moomoo AI
Tan's International Limited has announced its financial report for the fiscal year 2023/24, with a group revenue of HKD 2.7484 billion, up 5.9% year on year. The annual profit was HKD 117.0 million, an increase of 34.2% compared to last year, excluding government subsidies. The operating profit in the Hong Kong market was HKD 473.2 million, while the operating loss in markets outside of Hong Kong was HKD 14.1 million. The company announced a dividend of HKD 0.089 per share, representing a payout ratio of 100%. In terms of geographic revenue structure, the Hong Kong market accounted for 93.5%, while Mainland China and overseas markets accounted for 6.5%. As of March 31, Tan's had 238 restaurants in Asia and expanded overseas through joint ventures and franchise models in Australia and the...Show More