2217.HK

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

Retrieved on: 
Thursday, November 10, 2022
Marketing, PCR, City, Group, Restaurant, OEM, Risk, Stock exchange, Efficiency, HKEX, TJI, Pressure, International, Hiccup, Hong Kong Stock Exchange, F&B, Growth, Industry, Food, COVID-19, Pharmaceutical industry, Warehouse, Film, Property management, Tutoring, Management, Period, Mainland China, Euromonitor International

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
TJI, International, Depreciation, Food, Hong Kong Tourism Board, Snack, Guangdong-Hong Kong-Macau Greater Bay Area, COVID-19, Mainland, Restaurant, Efficiency, Culture, Industry, Partnership, Stock exchange, Pressure, Board, Hong Kong Stock Exchange, Group, HKEX, Face, Drink, Growth, COVID, Pharmaceutical industry, Food delivery, Airline, Tutoring, Fast food, Hotel, Warehouse, Euromonitor International

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
TJI, International, Depreciation, Food, Hong Kong Tourism Board, Snack, Guangdong-Hong Kong-Macau Greater Bay Area, COVID-19, Mainland, Restaurant, Efficiency, Culture, Industry, Partnership, Stock exchange, Pressure, Board, Hong Kong Stock Exchange, Group, HKEX, Face, Drink, Growth, COVID, Pharmaceutical industry, Food delivery, Airline, Tutoring, Fast food, Hotel, Warehouse, Euromonitor International

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.