Summary by Moomoo AI
KUMAO JIU INTERNATIONAL HOLDINGS LIMITED ANNOUNCES AUDITED CONSOLIDATED RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023, SHOWING THAT ANNUAL REVENUE INCREASED 49.4% TO RMB5,985.9 MILLION FROM RMB4,005.7 MILLION IN 2022, AND NET INTEREST INCREASED SHARPLY BY 763.3% TO RMB480.0 MILLION FROM RMB55.6 MILLION FOR THE YEAR Million yuan. The Company opened 180 new restaurants in 2023 and repurchased and divested 17,944,000 shares during the year. The Board of Directors proposes to pay a final dividend of HK$0.15 per ordinary share. The Group continues to pursue a multi-brand and multi-concept strategy and explore new business opportunities to further expand market share. The Board is committed to increasing returns for shareholders and remains optimistic about future developments.