Green Tea Group (6831) investor relations material

Executive summary

• H1 2026 revenue rose 16.8% YoY to RMB2,674.8m; profit for the period increased 24.4% to RMB291.0m, and adjusted net profit rose 16.9% to RMB293.8m.

• Opened 131 restaurants, reaching 733 locations across 21 provinces, four municipalities, two autonomous regions, Hong Kong, Macao, Singapore, Thailand and Malaysia.

• Revenue from Hong Kong, Macao and overseas markets grew 266.5% YoY to RMB162.8m.

• Declared an interim dividend of HK$0.30 per share, payable on or before 23 November 2026.

Financial highlights

• Revenue increased 16.8% YoY to RMB2,674.8m; profit before tax rose 23.0% to RMB341.7m, while income tax expense increased 15.3%.

• Profit attributable to equity shareholders was RMB290.8m, up 24.4%; basic and diluted EPS were both RMB0.46.

• Adjusted net profit, excluding share-based payment expenses, listing expenses and related tax effects, increased 16.9% to RMB293.8m; adjusted net profit margin was 11.0%.

• Raw materials and consumables were 31.2% of revenue versus 32.0%; staff costs were 26.1% versus 25.8%.

Outlook and guidance

• Priorities include menu refinement, service quality and food safety, with digitalization, health-oriented development and internationalization as strategic pillars.

• Plans include traceable, sustainable and organic ingredients, a data-linked digital operations platform, and AI for site selection, traffic forecasting, store diagnostics and targeted marketing.

• Overseas expansion is intended to start in Southeast Asia and extend to neighboring markets, with a long-term goal of a scaled overseas restaurant network.

• Unused IPO proceeds allocated to restaurant expansion, a centralized food-processing facility and IT upgrades are expected to be utilized by end-2027; timing may change with market conditions.