Revenue Performance - Revenue for the first half of 2023 reached HK$1,261,721,000, representing a 6.8% increase from HK$1,181,494,000 in the first half of 2022[10] - Revenue for the six months ended 30 September 2022 was HK$1,261,721, representing a 6.8% increase from HK$1,181,494 in 2021[18] - Revenue increased by 6.8% from HK$1,181.5 million in 1H2022 to HK$1,261.7 million in 1H2023, primarily due to an increase in the number of restaurants in operation[123] Profitability - Profit for the period in 1H2023 was HK$137,871,000, a decrease of 0.6% compared to HK$138,871,000 in 1H2022[12] - Profit before taxation decreased by 40.1% to HK$101,413 from HK$169,216 in the previous year[18] - Profit for the period was HK$82,775 with a profit margin of 6.6%, down from HK$137,871 and 11.7% respectively[18] - Basic earnings per share for 1H2023 were HK$6.2 cents, a decline from HK$13.8 cents in 1H2022[14] - Operating profit decreased by 29.0% from HK$303.3 million in 1H2022 to HK$215.5 million in 1H2023[114] - Operating profit margin fell from 25.7% in 1H2022 to 17.1% in 1H2023, attributed to rising food costs, handling charges, and increased marketing expenses[118] Restaurant Network Expansion - The number of restaurants increased to 208 in 1H2023, up from 157 in 1H2022, indicating a growth of 32.5%[11] - The company plans to expand its restaurant network further into Mainland China and overseas markets[11] - The company expanded its restaurant network to Japan, marking a significant milestone in its growth strategy[27] - In 1H2023, the company opened 19 new restaurants in Hong Kong, 9 in Mainland China, 5 in Singapore, and 2 in Japan, reaching a total of 208 restaurants globally as of September 30, 2022[75] Operational Efficiency and Cost Control - Future guidance indicates a focus on increasing operational efficiency and profitability despite current challenges[11] - The company implemented various cost control measures to streamline food and labor costs and negotiated rent concessions with landlords[70] - Cost-control measures and improved operational efficiency are expected to stabilize profit margins moving forward[103] Customer Experience and Technology - Management highlighted ongoing development of new products and technologies to enhance customer experience[11] - The customer relationship management (CRM) system for both TamJai brands is set to launch in Q3 FY2023, aimed at enhancing customer experience and driving long-term revenue growth[38] - The company launched a new SamGor mobile application and CRM system in 1H2023 to enhance mobile ordering and brand loyalty programs[68] Challenges and Market Conditions - The F&B industry is facing rising ingredient costs due to inflation and supply chain disruptions, impacting overall profitability[58] - In Mainland China, the business was adversely impacted by multiple lockdowns and mandatory PCR test policies, yet new restaurants in Guangzhou and Dongguan showed encouraging performance[68] - The company has slowed down expansion in Mainland China and Japan due to global economic uncertainty but remains optimistic about future growth in these markets[107] Sustainability Initiatives - New initiatives include the Tam Jai Goodness Trust and various ESG-focused programs aimed at community and environmental sustainability[44] - The company expanded its sustainability initiatives, granting around HK$1.2 million in scholarships to the children of 35 employees[83] Marketing and Public Relations - The charitable NFT campaign "Souper Hero" generated over HK$28.8 million in PR value within one month[93] - The "TamJai SamGor 2022 Branding Campaign" achieved over 2.9 million video views and 6.4 million impressions, resulting in HK$22.0 million in PR value[94] - The company has won over 30 public relations and marketing awards for its successful campaigns, including the Gold Award for Innovation in Investor Relations at the Asia-Pacific Stevie® Awards[101] Financial Position - Non-current assets increased by 11.6% to HK$1,178,093 from HK$1,055,739[18] - Current assets decreased by 3.9% to HK$1,453,861 from HK$1,513,008[18] - Cash and cash equivalents were HK$1,324.3 million as of September 30, 2022, down from HK$1,365.2 million as of March 31, 2022[190] - The company had no interest-bearing bank and other borrowings as of September 30, 2022, maintaining a gearing ratio of zero[191]

Tam Jai International Co. Limited 譚 仔 國 際 有 限 公 司 RISING THROUGH RESILIENCE 疫風 成 長 新 (Incorporated in Hong Kong with limited liability) (於香港註冊成立的有限公司) Stock Code 股份代號 : 2217 2021/22 ANNUAL # 2021/22 REPORT 邦 CHILLI #喇椒 BAMBOO FUNGUS #畜笙 FISHCAKE #兒片頭 CUTTLEFISH BALL #勿演 CHIVES #餃菜 PORK BELLY #懶肉 TOFU PUFF #道Park CONTENTS 目錄 PORK BELLY #懶肉 FISHCAKE #兒片頭 CHILLI #喇椒 CUTTLEFISH BALL #勿演 CHIVES #餃菜 BAMBOO FUNGUS #畜笙 Consolidated Statement of Profit or Loss and Other Comprehensive Income TOFU PUFF #道Park Corporat ...

Tam Jai International Co. Limited 譚 仔 國 際 有 限 公 司 (Incorporated in Hong Kong with limited liability) (於香港註冊成立的有限公司) Stock Code 股份代號 : 2217 中 期 報 告 INTERIM REPORT ２０２１/２２ CONTENTS 目錄 | --- | --- | --- | |-------------------------------------------------------------------------------------------|---------------------------------------|-------| | | | | | | | | | Corporate Information | 公司資料 | | | Financial Highlights | 財務摘要 | | | Management Discussion and Analysis | 管理層討論及分析 | | | Independent Review Report to ...