Reported about 1 year ago
On June 13, 2024, at 4:10 pm, Louisa Coffee (2758) held a shareholder meeting and approved last year's financial report and profit distribution plan. With the benefit of expanding stores and optimizing store quality, the merged revenue reached a new high of 2.366 billion, with a historical third-high after-tax net profit of 128 million and an EPS of 6.28. Louisa plans to continue expanding both domestically and overseas in 2024, aiming for record-breaking revenue peaks while introducing cloud-based smart ordering and automated production equipment to enhance the in-store consumer experience to combat severe labor shortages. They plan to reapply for listing after organizational expansion is complete, with overseas expansion showing promising results post-pandemic, especially in Singapore with the first store performing well and a second store opening soon, followed by expansions in Indonesia, Egypt, China, and the USA by the end of this year. Louisa currently has around 560 stores (including those in preparation), with about 180 self-operated and 380 franchises. The Chairman, Huang Mingxian, mentioned the company's adoption of cloud-based smart ordering and self-service kiosks to improve ordering and cashier efficiency, as well as introducing intelligent production equipment to reduce post-pandemic labor shortages, increase meal preparation, and revenue management efficiency, and manage rising operating costs.
Source: YAHOO