TJI

TJI Announces FY2023 Interim Results, Revenue Up 6.8% to HK$1,261.7 million despite Market Headwinds

Retrieved on: 
Thursday, November 10, 2022

Revenue of the Group recorded a stable growth of 6.8% to HK$1,261.7 million despite the strong headwinds brought about by COVID-19-related restrictions and a weaker global economy.

Key Points: 
  • Revenue of the Group recorded a stable growth of 6.8% to HK$1,261.7 million despite the strong headwinds brought about by COVID-19-related restrictions and a weaker global economy.
  • -- Revenue of the Group recorded a stable growth of 6.8% to HK$1,261.7 million despite the strong headwinds brought about by COVID-19-related restrictions and a weaker global economy.
  • Hong Kong business maintained a steady profit margin, while revenue of Mainland China and overseas markets were increasing.
  • The increase in revenue was mainly driven by the Group's restaurant network expansion, with Hong Kong being the main revenue contributor.

Tam Jai International's Adjusted Profit for the Year Rises by 17.8% to HK$165.5 Million

Retrieved on: 
Monday, May 16, 2022

Excluding one-off listing expenses and government subsidies in relation to COVID-19, its adjusted profit for the year rose by 17.8% to HK$165.5 million in FY2022.

Key Points: 
  • Excluding one-off listing expenses and government subsidies in relation to COVID-19, its adjusted profit for the year rose by 17.8% to HK$165.5 million in FY2022.
  • Meanwhile, operating profit increased by 38.2% to HK$476.7 million, with operating profit margin improving by 1.7 percentage points to 20.9%.
  • The Group also continued to achieve a healthy financial position and had cash and cash equivalents of HK$1,365.2 million as at 31 March 2022.
  • The Board recommends paying a final dividend of HK11.4 cents per share for FY2022, or approximately HK$152.4 million in total.

TJI Achieves a Successful Leap to International Market

Retrieved on: 
Monday, May 16, 2022

Meanwhile, operating profit increased by 38.2% to HK$476.7 million, with operating profit margin improving by 1.7 percentage points to 20.9%.

Key Points: 
  • Meanwhile, operating profit increased by 38.2% to HK$476.7 million, with operating profit margin improving by 1.7 percentage points to 20.9%.
  • It also made swift decisions regarding restaurant operating hours, renovation projects and restaurant opening schedule by re-assessing the market needs.
  • While the past year has been a bumpy ride, TJI has demonstrated resilience and agility in face of unanticipated situations.
  • As market activities have started picking up again in Japan, TJI will keep expanding its network healthily to capture the market momentum with the robust support of its controlling shareholder, Toridoll Holdings Corporation.

Tam Jai International's Revenue Increases by 43% to HK$1,181 Million and Adjusted Profit Surges by 108% to HK$147 Million in 1H2022

Retrieved on: 
Friday, November 12, 2021

Taking out non-recurring listing expenses and government subsidies in relation to COVID-19, its adjusted profit surged by 107.8% to HK$147.0 million.

Key Points: 
  • Taking out non-recurring listing expenses and government subsidies in relation to COVID-19, its adjusted profit surged by 107.8% to HK$147.0 million.
  • These factors have made the Group's business more resilient as it navigates industry challenges and achieves an outstanding business performance.
  • During 1H2022, the Group's revenue increased by 43.0% year-on-year to HK$1,181.5 million, mainly attributable to the increase in the number of restaurants in operation and substantial growth in comparable restaurants revenue.
  • About Tam Jai International Co. Limited (HKEX: 2217)
    Tam Jai International is the No.1 Asian noodle specialty restaurant operator in Hong Kong*.