Café de Coral, a major Hong Kong fast-food chain, reported a decline in earnings as consumers cut back on dining out. According to Inside Retail Asia, revenue fell 4.5% to HK$8.18 billion.
The drop reflects broader trends in Hong Kong's retail and food service sector, where rising living costs and economic uncertainty have prompted diners to tighten spending.
The company faces challenges in maintaining margins amid increased competition and changing consumer habits, but remains focused on operational efficiency and value offerings.