BRIEF: Store expansion lifts Green Tea Group’s profit
Restaurant operator Green Tea Group Ltd. (6831.HK) said on Tuesday it expects to report a net profit of 460 million yuan ($67 million) to 508 million yuan ($74 million) for 2025, representing year-on-year growth of 31.4% to 45.1%. It expects to report an adjusted net profit for the year of 481 million yuan to 532 million yuan, up 33.2% to 47.4%.
The company attributed the growth mainly to expansion of its store network, which lifted its revenue last year by between 1.17 billion yuan and 696 million yuan from the 3.84 billion yuan it reported in 2024. It also cited improved operating efficiency that boosted store-level profitability. Part of the gains, however, were offset by around 18 million yuan in IPO-related expenses. Green Tea added that the adjusted profit figure excludes share-based payments and one-off listing costs, providing a clearer picture of its core operating performance.
According to its midyear report last year, the company operated 502 stores as of June 30, up by 41 from 461 on Oct. 1, 2024. In the first half of 2025, revenue from takeout diners accounted for 22.9% of total sales, rising from 16.2% a year earlier, with revenue from delivery services jumping 74.2% year-on-year to 524 million yuan.
Green Tea Group’s shares opened higher on Wednesday, closing at HK$7.17 by the midday break, up 1.85%. The stock is up about 7.7% so far this year.
By Lee Shih Ta
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