Financial News
Written by: Yue Yueting
2019-11-26 12:31
Last updated: 2019-11-26 12:32Everybody happy (0341) announced the interim results. As of the end of September this year, the profit for the period was about 150 million yuan, a sharp decline of 34.5% year-on-year; basic earnings per share were 25.81 cents and an interim dividend of 19 cents.
Revenue for the period was 4.264 billion yuan, an increase of 1.6% year-on-year; Mao Zedong fell 1.7 percentage points to 11.7%; administrative expenses rose 8.5% to 260 million yuan. Revenue from Hong Kong operations increased by 1.2%; revenue from Mainland China operations increased by 3.6%, and same-store sales increased by 6%.
As of the end of September this year, the Group's fast food catering and institutional catering business had a total of 303 stores, an increase of 5 stores compared with the same period last year.
The Group expects that it will take time to improve the market sentiment, and it is taking decisive measures to control costs, review and reorganize recurrent expenditures, and improve efficiency and production to protect and maintain profitability.
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