Liujiao earned 2.63 yuan per share in the first three quarters, exceeding last year's full year earnings
In the third quarter, consolidated revenue was 1.348 billion yuan, an annual increase of 15.47%, the second highest in the same period in history; earnings per share in the first three quarters was 2.63 yuan, exceeding last year's full year.
Quick Look
- Hexagon International, which rose to prominence with its "Chatime" hand-cranked tea, announced third-quarter consolidated revenue of 1.348 billion yuan, a year-on-year increase of 15.47%; cumulative earnings per share for the first three quarters reached 2.63 yuan, exceeding last year's full year.
- The group is actively expanding its domestic catering footprint and exploring overseas markets.
AI-generated summary
Why It Matters
Hexagonal International started with the hand-cranked tea brand Chatime and has recently been actively engaged in mergers and acquisitions and multi-brand operations.
Hexagonal International (2732), which rose to prominence with its "Chatime" hand-cranked tea, announced third-quarter consolidated revenue of 1.348 billion yuan, an annual increase of 15.47%, the second highest in the same period in history; after-tax net profit was 22.37 million yuan, and earnings per share were 0.5 yuan.
The cumulative consolidated revenue in the first three quarters was 4 billion yuan, with an annual growth rate of 27.75%. The operating profit of the industry was 220 million yuan, with an annual growth rate of 149.48%. The after-tax net profit was 118 million yuan, with an annual growth rate of 819.58%. The earnings per share in the first three quarters reached 2.63 yuan, which also exceeded last year's 1.09 yuan.
Lukjia said that in order to expand its domestic catering business and deepen its multi-brand operation layout, Lukjia acquired Hanlin Teahouse and integrated the group's operating resources to drive existing single store performance to grow by about 7% compared with before the acquisition. It is expected that the number of stores in Taiwan will expand from 34 to 43 by the end of this year, demonstrating the group's chain store replication capabilities.
In terms of overseas markets, the first "Chatime + Sunny up" dual-brand direct-operated store opened in Houston, the United States, in September. It is currently making local product adjustments and operating process optimization, and gradually establishing a standardized and replicable operating model as the basis for subsequent expansion into the North American market.
Hexagon has simultaneously expanded into emerging markets in South Asia. In October, it signed a long-term cooperation agreement with an agent in Bangladesh and plans to open 30 new stores in the next 10 years. The existing stores in the Sri Lankan market are operating well and plans to continue to open stores in the future.
Hexagram simultaneously announced consolidated revenue of 420 million yuan in October, an annual increase of 13.62%. The cumulative consolidated revenue from January to October reached 4.4 billion yuan, an annual increase of 26.25%, a record high for the same period in history.
What to Watch
AI outlook — possibilities, not facts
Taiwan's Hanlin Teahouse stores expand to 43 stores by the end of the year
Very likely · Within months
Bangladesh will open 30 new stores in the next 10 years
Likely · Within months
Open Questions
- What is the complete financial contribution schedule of Hanlin Tea House after the merger and acquisition?
- What is the initial profit status of dual-brand direct-operated stores in the North American market?
