大家乐集团2025/26中期报告

Contents目錄 2Corporate Information4Highlights5Management Discussion and Analysis22Other Information35Condensed Consolidated Statement ofFinancial Position (Unaudited)37Condensed Consolidated Income Statement(Unaudited)38Condensed Consolidated Statement ofComprehensive Income (Unaudited)39Condensed Consolidated Statement ofChanges in Equity (Unaudited)41Condensed Consolidated Statement ofCash Flows (Unaudited)42Notes to the Condensed ConsolidatedInterim Financial Information Corporate Information公司資料 董事局 Board of Directors Mr Lo Hoi Kwong, Sunny(Chairman)Ms Lo Pik Ling, AnitaMr Chan Yue Kwong, MichaelMr Hui Tung Wah, Samuel Independent Non-executive Directors Mr Kwok Lam Kwong, LarryMr Au Siu Cheung, AlbertMs Fang Suk Kwan, KatherineMr Lee Sai Yin, Patrick Executive DirectorsMr Lo Tak Shing, PeterMr Lo Ming Shing, Ian 首席執行官 Chief Executive Officer Ms Leung Ho Ting, Piony 提名委員會 Nomination Committee Mr Lo Hoi Kwong, Sunny(Chairman)Mr Kwok Lam Kwong, LarryMs Fang Suk Kwan, Katherine 薪酬委員會 Remuneration Committee Ms Fang Suk Kwan, Katherine(Chairman)Mr Kwok Lam Kwong, LarryMr Chan Yue Kwong, Michael 審核委員會 Audit Committee Mr Au Siu Cheung, Albert(Chairman)Mr Kwok Lam Kwong, LarryMs Fang Suk Kwan, KatherineMs Lo Pik Ling, AnitaMr Hui Tung Wah, Samuel 公司秘書 Company Secretary Ms Lee Hung 註冊辦事處 Registered Office Victoria Place, 5th Floor31 Victoria StreetHamilton HM 10, Bermuda Victoria Place, 5th Floor31 Victoria StreetHamilton HM 10, Bermuda 總辦事處 Head Office 10th Floor, Café de Coral Centre5 Wo Shui Street, Fo TanShatin, New Territories, Hong Kong 核數師 Auditor PricewaterhouseCoopersCertified Public Accountants and Registered Public Interest Entity Auditor 法律顧問 Legal Adviser Johnson Stokes & Master 主要往來銀行 Principal Bankers Bank of China (Hong Kong) LimitedStandard Chartered Bank (Hong Kong) Ltd.The Hongkong and Shanghai Banking Corporation Limited 百慕達股份登記過戶處 Bermuda Share Registrar Appleby Global Corporate Services (Bermuda) LimitedCanon’s Court22 Victoria StreetPO Box HM 1179Hamilton HM EX, Bermuda Appleby Global Corporate Services (Bermuda) LimitedCanon’s Court22 Victoria StreetPO Box HM 1179Hamilton HM EX, Bermuda 股份登記過戶處香港分處 Hong Kong Branch Share Registrar 183171712-1716 Computershare Hong Kong Investor Services LimitedRooms 1712-1716, 17th FloorHopewell Centre, 183 Queen’s Road EastWanchai, Hong Kong Share Listing 股份上市 341 Main Board of The Stock Exchange of Hong Kong LimitedStock Code: 341 網址www.cafedecoral.com Website www.cafedecoral.com Highlights撮要 •The Group’s revenue for the first half of FY2025/26 decreased5.4% to HK$4,036.2 million. Adjusted EBITDA#declined 29.4% toHK$242.9 million, and profit attributable to shareholders declined67.6% to HK$46.7 million for the period under review. •5.4%4,036.2EBITDA#29.4%242.967.6%46.7 • •The Group’s operations experienced great challenges amidststructural transformation in the market. Sales during traditionallypeak periods were impacted by the normalisation of outboundspending and weak inbound tourist consumption, resulting in highvolatility in volume, and undermining the Group’s business andprofit. • •The Casual Dining division and the Institutional Catering units,benefitting from simple operation models and stable demand,achieved better performance. These results demonstrated theresilience of the Group’s strategy of operating a portfolio ofbusinesses under difficult market conditions. • •The Group’s business in the Chinese Mainland continued with stablenetwork expansion in the Greater Bay Area whilst the economic andoperating environment in the region remained challenging. • •Management is focusing on improving efficiency and driving growthby exploring new business formats, consolidating underperformingoutlets, simplifying operations and rationalising menus, as well asintegrating supply chains and overhead controls to improve margins. •1015124.1% •An interim dividend of HK10 cents per share is declared for the sixmonths ended 30 September 2025 (2024: HK15 cents), representinga payout ratio of 124.1% for the period. Management Discussion and Analysis管理層討論及分析 簡介及撮要 INTRODUCTION AND HIGHLIGHTS 5.4%4,036.24,264.8EBITDA#29.4%242.9343.867.6%46.7144.059.4% The Group’s revenue for the six months ended 30 September 2025decreased by 5.4% to HK$4,036.2 million (2024: HK$4,264.8 million).Comparing to the same period last year, the Group’s adjusted EBITDA#for the period under review declined 29.4% to HK$242.9 million (2024:HK$343.8 million), and profit attributable to shareholders declined 67.6%to HK$46.7 million (2024: HK$144.0 million). Excluding the fair value loss ofinvestment properties recorded for the period (2024: Nil), the Group’s profitattributable to shareholders decreased 59.4%. Challenges in the wider economy continued to impact Hong Kong and theChinese Mainland during the reporting period, marked by weak consumersentiment and fierce price competition in both regions’ restaurant sectors.The Group