TAM JAI INTL (02217) announced its interim financial results with a net profit of HK$36.068 million, a decrease of 55.8% year-on-year. Interim dividend per share is 1.35 HK cents.

TAM JAI INTL (02217) released its interim performance for the six months ended September 30, 2024, with group revenue of HK$1.404 billion, a year-on-year increase of 1.2%; net profit of HK$36.068 million, a year-on-year decrease of 55.8%; and basic earnings per share of 2.7 HK cents. Over the years, the group has experienced numerous ups and downs in its development journey. As it enters the latest financial year ending March 31, 2025, the company realizes that the current challenges it faces may be the most difficult since its establishment. Nonetheless, the company remains committed to overcoming difficulties, showing remarkable resilience, infinite creativity, and adaptability to turn obstacles into opportunities for continued development. The company will continue to invest in talent, infrastructure, and digitalization efforts, aiming to strengthen its capabilities, wait for opportunities for a turnaround, seize growth opportunities, and prevent losses in the ever-changing business environment. In the first half of 2025, the company's operations in both the local and overseas markets continued to face challenges such as economic slowdown, weak consumer confidence, and increasing competition. In its core market of Hong Kong, the trend of mainland Chinese tourist consumption and overseas travel has posed challenges for many catering operators. Despite this, the company remains steadfast in driving business development, with the original intention of creating greater value for customers, continuously improving products and services to win customer favor. The company optimizes the customer experience through digital transformation and expands cooperation with business partners such as delivery platforms, successfully maintaining comparable restaurant revenue in a challenging market environment. Despite the numerous challenges during the reporting period, the group successfully expanded its restaurant network to 235 branches. To share the company's development achievements with shareholders, the board of directors has decided to declare an interim dividend of 1.35 HK cents per share for the first half of 2025, representing a dividend payout ratio of approximately 50.0%.