Café de Coral (HKG:0341) plans to adopt a more cautious pricing scheme in 2025 as the market is weak, The Standard reported, citing Chief Executive Piony Leung Ho-ting.
The fast-food chain operator said it will launch more promotions to "offer a value-for-money menu mix," according to the Nov. 29 report.
Café de Coral logged a 28% decline in its half-year net profit at HK$140 million, while Leung forecasts second-half same-store sales to stay at current levels, according to the report.
Shares slipped 1% during Tuesday's afternoon trading.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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