Summary by Moomoo AI
FAIRWOOD HOLD announced the results for the six months ending on September 30, 2024. During this period, revenue declined by 0.3% to 1.5535 billion HKD, with gross margin decreasing from 9.4% to 7.5%. The profit attributable to shareholders dropped by 57.3% to 15.52 million HKD. The basic earnings per share were 11.98 HKD cents, and the interim dividend was 5.0 HKD cents per share.The decline in performance was mainly influenced by the challenges faced by the retail and Dining sectors in Hong Kong, including an overall decrease in Consumer spending and changes in residents' Leisure habits. To address these challenges, the group launched several strategies, including introducing new dishes for the evening menu, expanding the variety of home-style dishes, and promoting the "Eat Enough GYM" campaign. The group...Show More