Fulum FY 2017 revenue increased 6.9%; Gross Profit Margin rose to 71.6%

HONG KONG, CHINA--(Marketwired - Jun 26, 2017) - Fulum Group Holdings Limited (HKSE: 1443)

Financial Highlights

HK$'000			FY2017		FY2016		Change
Revenue			2,965,974		2,773,289		+6.9%
Restaurant operations
	"Fulum" main brand		2,138,701		2,087,494		+2.5%
	"Sportful Garden" main brand		383,398		349,860		+9.6%
	"Fulum Concept" main line		373,583		273,078		+36.8%
Sale of food and other operating items			70,292		62,857		+11.8%
Profit attributable to owners of the Group			82,842		101,404		-18.3%
Basic Earnings Per Share (Cent)			6.37		7.80		-18.3%

The board of directors of Fulum Group Holdings Limited (HKSE: 1443, the "Group" or "Fulum") announced its annual results and its financial position. For the year ended 31 March 2017 ("FY2017"), revenue increased by 6.9% to HK$2,966.0 million, mainly due to the increased number of restaurants. Among which, revenue from "Fulum Concept" has increased by 36.8% to HK$373.6 million. During the year, profit attributable to shareholders of the Company has decreased by 18.3% and amounted to HK$82.8 million. Basic earnings per share are 6.37 cents.