MS CONCEPT (08447) subsidiary plans to renew the lease of a property on Wai Yip Street, Kowloon Bay
MS CONCEPT (08447) announced that Meric Rest, a wholly-owned subsidiary of the company...
MS CONCEPT (08447) Affiliated property to renew an existing restaurant
MS CONCEPT (08447) announced that the company's wholly-owned subsidiary Mingli Investment (as a tenant)...
MS CONCEPT: Interim Report 2023
MSCONCEPT (08447.HK)'s mid-term revenue of about HK$114 million decreased by about 5.5% year-on-year
Gelonghui November 10 | MSCONCEPT (08447.HK) announced that for the 6 months ended September 30, 2023, revenue reached approximately HK$114 million, a year-on-year decrease of about 5.5%; recorded a net loss of approximately HK$1.3 million, while net profit for the 6 months ended September 30, 2022 was approximately HK$5.7 million; and it was decided not to declare an interim dividend for the current period (2022: none).
MS CONCEPT: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2023
Huatai Securities's 24-year Food and Beverage Outlook: Demand Recovery Expectations Are Steady, Focus on Three Main Lines
The Zhitong Finance App learned that Huatai Securities released a research report saying that considering the current internal and external environment, overall demand in the food and beverage sector is expected to recover steadily in '24. Combined with the current low valuation (CS Food and Drink PETTM is in the 9% quartile since 2018) and optimism about the long-term potential of domestic food and beverage consumption, the sector still has medium- to long-term allocation value.
MS CONCEPT: First Quarterly Report 2023/2024
MSCONCEPT (08447.HK)'s first quarter profit turned loss to HK$1.7 million
On August 10, GLONGHUI丨MSCONCEPT (08447.HK) announced that for the three months ending June 30, 2023, revenue was approximately HK$56.9 million, an increase of about HK$2.3 million, or 4.2%, from HK$54.6 million for the three months ending June 3, 2022. A net loss of around HK$1.7 million was recorded, while net profit was approximately HK$4.1 million for the three months ended June 30, 2022.
MS CONCEPT (08447) Releases First Quarter Results Shareholders' Accounts Payable Loss of HK$1.703 Million Year-Over-Year Profit and Loss
According to the Zhitong Finance App News, MS CONCEPT (08447) announced the first quarter results for the three months ended June 30, 2023. The group achieved HK$56.878 million during the period, an increase of 4.17%; shareholders' losses accrued at HK$1.703 million; shareholders' profit for the same period last year was HK$4.053 million, profit to loss; a basic loss of HK$0.17 cents per share. According to the announcement, the increase in revenue was mainly due to the increase in the number of customers at the Group's restaurants due to the recovery after the COVID-19 pandemic, and the restaurant located in Tsing Yi Tsing Yi Town, Tsing Yi, operated under the “Chun Dian” brand since July 2022
MS CONCEPT: FIRST QUARTERLY RESULTS ANNOUNCEMENT FOR THE THREE MONTHS ENDED 30 JUNE 2023
MS CONCEPT: PROFIT WARNING
MS CONCEPT: Annual Report 2023
Good performance in the fourth quarter MS CONCEPT (08447.HK) turned the annual loss into a profit of HK$4 million
Glonghui June 13 丨 MS CONCEPT (08447.HK) announced that for the year ending March 31, 2023, group gatherings resumed after the Hong Kong government lifted such measures in late December 2022, while commercial activities and tourism between different countries and Hong Kong also resumed. As a result, the company's business performed well in the fourth quarter, recording a turnover of approximately HK$250.4 million that year, an increase of about 23.5% over HK$202.8 million last year. The Group recorded a net profit of HK$4 million during the year, compared with a loss of HK$4.9 million compared to last year. unto
MS CONCEPT: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 MARCH 2023
MS CONCEPT: DATE OF BOARD MEETING
MS CONCEPT: Third quarter results report 2022/2023
MS CONCEPT (08447.HK) net profit of about HK$8.8 million in the first three quarters increased by about 104.7% year-on-year
Glonghui, Feb. 10 | MS CONCEPT (08447.HK) announced that for the nine months ending December 31, 2022, the company's revenue reached about HK$190 million, an increase of about 2.7% over the previous year; it recorded a net profit of about HK$8.8 million, an increase of about 104.7% over the previous year.
MS CONCEPT: THIRD QUARTERLY RESULTS ANNOUNCEMENT FOR THE NINE MONTHS ENDED DECEMBER 31, 2022
MS CONCEPT: interim report 2022
MS CONCEPT (08447) announces interim results, net profit of approximately HK$5.7 million, up 58.3% year-on-year
According to the Zhitong Finance App, MS CONCEPT (08447) released interim results for the six months ending September 30, 2022. Revenue reached about HK$121 million, a decrease of 0.5% over the previous year; net profit of about HK$5.7 million, an increase of 58.3% over the previous year; and a profit of HK0.57 cents per share. According to the announcement, the slight decrease in revenue was mainly due to a decrease in the number of customers in the group's restaurants due to the tightening of such measures after the outbreak of the fifth wave of COVID-19.
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