Hk Report

In: English and Literature

Submitted By jaysin1981
Words 5570
Pages 23
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

CAFÉ DE CORAL HOLDINGS LIMITED
大 家 樂 集 團 有 限 公 司
(Incorporated in Bermuda with limited liability) Website: http://www.cafedecoral.com

(Stock Code: 341)

INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2013

HIGHLIGHTS


The year 2013 marks the Group’s 45th anniversary. The Group continues to focus on serving our customers and the community and sustaining business growth. The Group’s disciplined implementation of business plans and multi-branding initiatives brought solid growth in the interim period despite challenging operating environment. Revenue for the half year increased by 8.7%, reaching HK$3.41 billion. Profit attributable to shareholders for the half year increased by 9.8% to HK$243 million. Interim dividend of 17 HK cents per share (2012: 17 HK cents per share) was declared to shareholders.









-1-

OPERATIONAL REVIEW
INTRODUCTION
The year 2013 marks the Café de Coral Group’s 45th anniversary. Entering this milestone year, we have constantly reminded ourselves of the vision held by our founders when they first started the business, as well as the fine traditions and values that have kept us moving forward on this long journey. The first six months of FY2013/14 witnessed continuous growth for the Group across its key business platforms. At the same time, however, we have faced constant pressure from rising rental costs and prices of raw materials. Although most of our employees are paid at rates higher than Hong Kong’s statutory minimum…...

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