Summary by Moomoo AI
In the fiscal year 2024, Xiaocai Garden's revenue increased by 14.5% year-on-year to 5.21 billion yuan, with net profit growing by 9.1% year-on-year to 0.58 billion yuan. The revenue from in-house Dining business grew by 4.6% to 3.19 billion yuan, while the takeout business revenue surged by 34.4% to 2 billion yuan. The Board of Directors proposed a final dividend of 0.3187 yuan per share.By the end of 2024, the total number of group stores reached 667, an increase of 131 from 536 at the end of 2023. This includes 106 stores in first-tier cities, 189 in new first-tier cities, 81 in second-tier cities, and 291 in third-tier cities and below. During this period, the gross margin was 68.1%, and the employee cost ratio reduced from 29.3% to 27.3%, continuously improving...Show More
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