BRIEF: Green Tea’s profit jumps on improved efficiency, expansion
Restaurant operator Green Tea Group Ltd. (6831.HK) on Thursday said it expects to report a net profit of between 230 million yuan ($32 million) and 237 million yuan for the first half of…
BRIEF: Green Tea launches $156 million IPO, backed by eight cornerstone investors
Restaurant operator Green Tea Group Ltd. (6831.HK) launched its Hong Kong IPO on Thursday, aiming to sell 168 million shares priced at HK$7.19 each to raise about HK$1.21 billion ($156…
Café de Coral slumps as dark clouds hover over restaurant industry
Hong Kong’s leading fast-food operator and rival Fairwood have both issued profit warnings this month as growing consumer caution takes a bite from their business Key Takeaways: Café de Coral…
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