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郭思治: (敘)福樓(01978.HK)去年核心稅前溢利大增2.2倍 管理層對下半年財務表現仍樂觀
阿思達克 03-30 10:28
香港股票分析師協會副主席郭思治稱,(敘)福樓集團(01978.HK)公佈其截至2021全年業績。期內,集團營收按年增長24.3%至9.98億港元;股東應佔溢利爲9,007.6萬港元。若撇除重大雜項項目,即政府補助、租賃修訂產生之淨收益及就物業、廠房及設備以及使用權資產計提的減值撥備後,期內業務產生的核心稅前溢利約爲8,810萬港元,按年大增222.8%。每股盈利11.26港仙。建議末期股息每股6.05港仙,連同年內派付的中期股息每股2.4港仙,總派息率約爲75%。 集團2021年1月及2月初的營業額受嚴重影響以致在該等月份錄得經營虧損。集團自2月中旬起社交距離措施開始持續放寬的月份中充分展現出強勁的恢復力及靈活性。集團收入增加主要由於旗下自家品牌及擁有亞洲菜餐廳的特許經營品牌數量增加,及本地COVID-19疫情狀況亦自2021年4月相對穩定,同時受惠於香港居民整體疫苗接種率持續上升,配合年內首次推出的「消費券」計劃,並於下半年成功恢復至COVID-19疫情前的水平,抵銷了年初的虧損。集團更展現出強勁的恢復力及靈活性,帶動集團收入於2021年核心稅前溢利大幅增長222.8%至8,810萬港元。期內,集團旗下共經營45間餐廳(2020年:38間),包括4個自家品牌「牛涮鍋」、「和平飯店」、「煲仔王」、「永華日常」;5個特許經營品牌包括「牛角」、「牛角Buffet」、「牛角次男坊」、「溫野菜」、「柳氏家」。 展望未來,盡然面對疫情帶來的變數,集團亦積極爲未來的收益增長鋪路當中,包括下半年開設兩間全新的自家經營品牌「永華日常」餐廳,亦在2022年1月在銅鑼灣開設了最新引入的特許經營品牌「The Matcha Tokyo」,爲顧客提供更多樣化的餐飲體驗,進一步將集團的業務領域拓展至香港特色餐廳以及高級休閒咖啡室。憑藉集團強勁的財務狀況及品牌佈局以及上述外在因素,在2022年香港疫情不惡化的前提下,管理層對集團2022年下半年的財務表現仍保持樂觀,並相信集團定能再創佳績。 (筆者爲證監會持牌人)~
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