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dessert store in the region. In 2023, the Company plans to open the 2nd After You dessert shop in Hong Kong. 0.8% 0.9% 1.5% 1.5% 5.8% 10.0% 14.1% 17.8% 20.7% Jan Feb Mar Apr May Jun Jul Aug Sep Proportion
to the growth in sales of dessert cafés due to same-store sales growth, corresponding to the increase in the number of dine-in customers and higher sales per bill, as well as the increase in After You
high gross profit margin from sale of goods at 42.7%, despite the decrease from 44.2% compared to the same period last year due to lower sales resulted from the store closure. The Company managed
of the Dessert Shop into a new store format under "After You Marketplace" to generate additional income streams and to maximize the utilization of areas in the existing stores, especially during the
company introduced a new source of revenue generation, “After You Marketplace”, which is the allocation of some part of the dessert store to features various products for customers to shop within the store
to the growth in sales of dessert and beverage cafés which was a result of same-store sales growth (SSSG) and the higher sales per bill, as well as the increase in After You branches. R E V EN UE
increase was mainly from the increase in revenue from dessert café, which was attributed to the expansion of 6 new stores and a rise in Same-Store-Sale-Growth (SSSG) together with the increase in pop-up
overall economic conditions have dampened consumers’ spending, despite a spate of government stimulus measures such as the state welfare card and the ‘Eat, Shop and Spend’ project in the second half of 2019