Episode Details

Old Chang Kee Ltd. experienced a marginal increase in total revenue during the first half of the year, driven by higher retail and non-retail sales. However, increased costs contributed to a decline in overall profitability compared to the preceding period. Management is responding by prioritising cost management and operational efficiency.

• The financial results highlight sustained pressure on profitability, primarily stemming from climbing operating expenses and increased costs for materials and production staff

• Discover how the Group is addressing the structural manpower deficit and moderated consumer demand through rigorous cost controls and operational optimisation

• Examine the strategic push to diversify income, accelerating the growth of non-retail areas, particularly business-to-business sales