Summary by Moomoo AI
JIA GROUP's revenue for the year ending December 31, 2024, fell by 12.2% to 0.2446 billion HKD, mainly due to the closure of Mak Mak and 22 Ships Restaurants in September and August 2024, respectively. The net loss for the year widened to 6.6 million HKD, a 266.7% increase from the loss of 1.8 million HKD in the same period last year. The basic loss per share was 1.14 HKD cents.Regarding the group's Operation costs, employee costs decreased by 5.8% to 97.4 million HKD, mainly due to restaurant closures; rent and related expenses fell by 24.7% to 21.7 million HKD. The gross margin was 14.0%, and the operating expense ratio improved. The group's restaurants Andō, MONO, and Estro received several industry awards during the year, with MONO ranking 27th in "Asia's...Show More
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