HK Stock Market Move | Cafe de Coral H (00341) rises nearly 3% in the morning session, expects profit attributable to shareholders for the interim period to increase by 105% to 125% year-on-year.
Cafe de Coral Holdings (00341) rose nearly 3% before noon, up 2.82% as of press time to HK$6.19, with turnover of HK$9.8975 million.
CAFE DE CORAL H (00341) rose nearly 3% in the morning session, up 2.82% as of press time at HK$6.19, with turnover of HK$9.8975 million.
On the news front, on November 4, CAFE DE CORAL H issued an announcement that the Group expects to record profit attributable to shareholders of between HK$95.8 million and HK$105 million for the six months ended September 30, 2026 (the review period), representing an increase of between 105% and 125% compared with HK$46.7 million for the six months ended September 30, 2025 (the same period last year).
The announcement stated that since the implementation of various strategic measures in the second half of the 2025/26 fiscal year, the Group has successfully maintained its business growth momentum. During the period, the mainland China business gradually stabilized, with both sales and profitability improving, mainly benefiting from the rapid and flexible execution of the Wuxi Online Offline Communication Information Technology Co., Ltd. (O2O) business strategy, optimization of the store network, and continued advancement of the asset-light operating model. During the review period, the Group continued to prudently expand its store network and deepen its market presence in the Greater Bay Area.
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