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Seminars

Date Time Topic Venue Speaker Fee Status
06/05/2024 7:00pm8:00pm [Webinar] Listed Companies Seminar – Tam Jai International (2217) Online Ms. Rita ChanExecutive Director and CFO, Tam Jai International Co. LimitedMs. Ming ChanCorporate Communications Director , Tam Jai International Co. Limited Free Register Now Cancel

[Webinar] Listed Companies Seminar – Tam Jai International (2217)


Tam Jai International is one of Hong Kong's leading restaurant chain groups, and its brands reach out to the public. Tam Chai opened its first "TamJai Yunnan Mixian" in 1996, followed by "TamJai SamGor Mixian" in 2008, which grew to 100 stores in 20 years. In 2018, Toridoll acquired the two brands and established Tam Jai International. Under the leadership of Tam Chai International's professional management team, the brand has grown rapidly and successfully integrated "Rice Noodles" into Hong Kong's food culture. The Group is committed to providing the general public with an attentive and affordable dining experience, leveraging its highly standardized operational processes and innovative spirit and pursuit of efficient management.
Competitive Advantages
  1. Large Restaurant Network

    The Group's major restaurant brands include "TamJai Yunnan Mixian" and "TamJai SamGor Mixian". Apart from Hong Kong, the Group has expanded its business to Mainland China, Singapore and Japan, with a total of 222 stores. Among them, there are 24 restaurants in the "Greater Bay Area", 11 restaurants in Singapore and 3 restaurants in Japan. In addition, the Group has developed a diversified brand portfolio by franchising the Japanese udon brand "Marugame Seimen". In addition, the Group operates through delivery platforms in various regions, including Deliveroo, Foodpanda and KeeTa in Hong Kong; Meituan and Ele.me in Mainland China; Foodpanda and Grab in Singapore; as well as Uber Eats and Demae-CAN in Japan.

  2. Steady growth in results

    The Group's results continue to grow, with the interim results as of the end of September 2023 reporting revenue of over HK$1.387b, a 10.0% yoy increase. Summarizing the past five full financial years from 2018/2019, the Group's revenue in Hong Kong, their major market, increased from HK$1.556b to HK$2.453b, a compound annual growth rate of 12.0%, despite the impact of the epidemic during the period. The Group responded to rising food costs through strategic price adjustments, ingredient substitutions, and expanding supplier networks. At the same time, the launch of afternoon tea sets drove revenue growth and expansion to a broader customer base. In the 1H of the financial year, the Group's profit excluding government subsidies grew more than 1.5 times yoy.

  3. Expansion of Overseas Markets

    The Group is actively exploring markets outside of Hong Kong. In Mainland China, the Group shifted the focus of its expansion plans to Guangzhou and other second-tier cities in the Greater Bay Area, where operating costs are lower and the impact of the economic slowdown is less severe. In the first half of the financial year, the Group opened 7 new restaurants in Guangzhou, Dongguan, Zhongshan and Zhuhai. In addition to Singapore and Japan, the Group plans to expand into Australia, New Zealand and the Philippines. The Group has formed a joint venture with ST Group, a renowned Australian restaurant group, to enter Australia and New Zealand through franchising. It has entered the Philippines through franchising with Suyen Corporation, a local conglomerate, with the earliest opening date in both countries expected to be the 2024/25 financial year.

Strategic Plan Since its IPO, the Group has set out a clear vision to raise funds through the IPO to drive the business out of Hong Kong and take "TamJai Taste" to the rest of the world. In Mainland China, the Group's revenue grew, operating efficiencies improved, and losses narrowed. The Group shifted its focus to localization and brand promotion. In Singapore, the Group continued to strengthen localization and operational efficiency and developed Singapore into a stepping stone for expansion in Southeast Asia. In Japan, the Group's newly formed local management team successfully launched a localized menu and continued to improve efficiency, product and service quality.
Market Capitalization Around HKD 1.2 billion