Cafe de Coral Group Reports Fiscal Year Results with 29.5% Decline in Net Profit

Stock News
Jun 15

The Cafe de Coral Group (HKG: 00341) has released its financial results for the year ended March 31, 2026. Revenue was approximately HK$8.183 billion, representing a decrease of 4.5% year-on-year. Profit attributable to shareholders was HK$164 million, a decline of 29.5% compared to the prior year. Earnings per share were HK$0.29, with a final dividend of HK$0.30 per share declared.

During the first half of the fiscal year, the group's performance was significantly impacted by challenging operating conditions, leading to a notable downturn. However, the second half saw a marked recovery. The profit attributable to shareholders in the latter six months increased by 151.1% compared to the first half and rose 32.2% year-on-year against the same period in the 2024/25 fiscal year.

This performance turnaround is attributed to the swift actions of two dedicated management task forces. Their initiatives focused on optimizing the business model, consolidating the store network, enhancing cost efficiency, and streamlining the corporate structure.

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