Business Daily Media

Men's Weekly

.

Fulum FY2023 Annual Results Out of the Red

Recorded a net profit of approximately HK$21.1 million
Proposed a final dividend of HK$0.3 cents per share

Highlights:
  • A turnaround from net loss of approximately HK$49.2 million to net profit of approximately HK$21.1 million
  • Gross profit margin increased by 4.7 percentage points to 70.1%
  • As at 31 March 2023, the Group operates a total of 102 restaurants in Hong Kong, increased 11 restaurants YoY, of which "Concept Line" increased 13 restaurants compared with the corresponding period last year
  • Continued to adopt a branding strategy of full-time catering by increasing the number of brands and categories under "Concept Line", which is one of the growth momentums of the Group, to provide customers with diversified choices
  • Basic earning per share was HK$1.63 cents, compared with Basic loss per share of HK$3.78 cents in the corresponding period last year.

More Articles ...

  1. double jump.tokyo to Launch Teaser Site for Battle of Three Kingdoms - Sangokushi Taisen, an Exciting Blockchain Game utilizing SEGA’s Iconic IP Scheduled to Be Launched in Late 2023
  2. OASYX Welcomes Hajime Nakatani and Bandai Namco Research to "OASYX Series 2: RYUZO" NFT Project
  3. De Beers Jewellers Announces Actress Zhao Liying As New Brand Ambassador
  4. Kontron 3.5"-SBC-EKL is Ideal for Low-power, Real-time Edge-IoT Systems
  5. IT-OT Security Convergence Key to Optimizing Risk Management
  6. Prudential teams up with Bangkok Dusit Medical Services to offer customers access to affordable high-quality breast cancer treatment
  7. HKBU joins hands with Google Hong Kong to enrich students’ transdisciplinary problem-solving skills
  8. Sennheiser Announces TeamConnect Bar Solutions for Small and Mid-Sized Collaboration Spaces
  9. KPMG China and ASIFMA Release Joint Report on Opportunities for Global Asset Managers in China’s Potentially Massive Pension Market
  10. ZJLD Group Sees Robust Growth in the Sales End Promising Increase in Gross Profit Margin Expected to Drive Profitability
  11. VinFast's "For A Green Future" exhibition series to showcase its comprehensive electric mobility ecosystem in Vietnam
  12. New Security Features for NetApp BlueXP Offer Cohesive Data Protection Through a Single Point of Control
  13. Tanoto Foundation Highlights Need to Catalyse Funding to Address Social Challenges
  14. Wisdom Professional Achieves Over HKD 3 billion Accumulated Approved Loan Value for Enterprises in Hong Kong and Establishes Its Leading Edges with Multiple Award Wins
  15. Solution to provide safe water to communities in need wins at 2023 SAFE STEPS D-Tech Awards
  16. ABB Invests USD $1 Million in New Digital Solutions and Training Centre in Singapore, Reinforcing City-state’s Strategic Importance as a Regional Hub
  17. Nexus & SPARKD: Combining Science, Innovation And Fitness
  18. Finture introduces cross-border financial solutions to enhance convenience of Hong Kong travelers and foreign domestic workers
  19. A.S. Watson and Amorepacific Signed Agreement to Bring More K-Beauty to Customers in Asia
  20. Smart Finance will be orchestrating the Global Web 3.0 Technology Summit in Hong Kong on July 20, 2023.

News from Asia

Changhong and Grundig Announce Strategic Partnership

NUREMBERG, GERMANY - Media OutReach Newswire - 30 March 2026 - Changhong, a leading Chinese home appliance brand, has announced a strategic partnership with European brand Grundig. Under the agree...

CPA Australia Survey: Practical AI adoption and easier financing drive Taiwan SME confidence to a five year high

TAIPEI, TAIWAN - Media OutReach Newswire - 30 March 2026 - More than half of Taiwan's small businesses recorded growth in 2025, while confidence heading into 2026 climbed to its highest level sinc...

Spotlight Asia’s Shaun Pham Named Male Icon – Businessman of the Year 2025 by Men’s Folio Vietnam

BANGKOK, THAILAND - Media OutReach Newswire - 10 December 2025 - Shaun Pham, Founder and CEO of Spotlight Asia, has been named Male Icon – Businessman of the Year in PR & Communications by M...

Hongkong Land Foundation launches "AI for Good" Hackathon to strengthen community impact

A collaborative initiative bringing together NGOs, youth and academic partners to deliver community solutions Leveraging AI and youth perspectives to address social issues ...

China's 15th Five-Year Plan: Charting Solutions in an Uncertain World

CGTN's special feature explores potential impacts of China’s 15th Five-Year Plan beyond its borders. BEIJING, CHINA - Media OutReach Newswire - 27 March 2026 - As policymakers and business leaders...

Hang Lung’s Westlake 66 Commences Soft Opening on April 28

HONG KONG SAR and SHANGHAI, CHINA - Media OutReach Newswire - 30 March 2026 - Hang Lung Properties Limited ("Hang Lung" or the "Company"; stock code: 00101) today announced that Westlake 66 in Han...

PolyU researchers pioneer novel multi-energy field-assisted diamond cutting technology, enabling ultra-precision manufacturing for high-performance materials

HONG KONG SAR - Media OutReach Newswire - 30 March 2026 - Machining, involving the precise cutting and shaping of materials, is a key manufacturing process. As industries increasingly adopt the us...

Seed Medical Launches Comprehensive Psychiatric Services Hong Kong Mental Health Hits Record High; Experts Warn on AI Reliance

HONG KONG SAR - Media OutReach Newswire - 30 March 2026 - Mental health in Hong Kong has reached a critical "red light" status. According to last year's "The Mental Health Association of Hong Kong...

Samsung Solve for Tomorrow 2025-26 Concludes Youth-Driven AI Forges Sustainable & Sports Tech Futures Igniting Creativity and Practical Skills

Hong Kong Institute of Vocational Education (Shatin), St. Paul's College, Tai Po Old Market Public School Crowned Champions with St. Paul's Convent School Named Most Active Participant HONG KONG SA...

Vantage Data Centers Partners with Malaysia Forest Fund to Advance Malaysia’s Sustainability Agenda

Funding initiatives under the Forest Conservation Certificate to support sustainable forestry and biodiversity protection SINGAPORE & MALAYSIA - Media OutReach Newswire - 30 March 2026 - Vant...

How to Apply for More Jobs in Less Time Using AI Automation

Most job seekers spend 11 to 14 hours per week on applications and still hear nothing back. That's not a motivation problem. That's a process proble...

Why Middle Australia Is Quietly Driving the Shift Away From Car Ownership

The narrative around changing attitudes to car ownership has long focused on Gen Z. Younger Australians are often portrayed as the generation movi...

Launchd Acquires WeAreTENZING as ANZ Creator Economy Spend Nears $1 Billion

Launchd, Australia's leading talent-first creator economy group, has acquired WeAreTENZING, one of New Zealand's most respected talent agencies, b...

Time to punch above our weight and stop shadowboxing on AI

Australia prides itself on being an innovation economy. We celebrate startups, talk about productivity, and lean into our reputation for punching ...

Colter Bay Capital Launches as Australia’s Newest Institutional Private Credit Fund

Led by seasoned capital markets veteran Mark Wang, the fund is purpose-built to serve Australia’s most productive yet chronically underserved busi...

Global Thryv voices bring a sharper lens to International Women’s Day

Thryv® (NASDAQ: THRY), ANZ’s leading AI-enabled small business marketing software platform provider, marks International Women’s Day (IWD) with a bu...