With Both Adjusted and Reported Net Profit Turn Positive HONG KONG, Aug. 1, 2024 /PRNewswire/ -- DPC Dash Ltd ("DPC Dash" or the "Company", together with its subsidiaries, the "Group") (1405.HK), Domino's Pizza's exclusive master franchisee in the China Mainland, the Hong Kong Special Administrative Region of China, and the Macau Special Administrative Region of China, announced a positive profit alert for the six months ended June 30, 2024 ("1H2024"). Based on the preliminary assessment of the unaudited consolidated management accounts of the Group for 1H2024 (the "Management Accounts") and other relevant information currently available to the board of directors of the Company (the "Board"), the Group anticipates a total revenues of no less than RMB2.00 billion for 1H2024, representing a year-over-year growth of no less than 45.0% from approximately RMB1.38 billion for the six months ended June 30, 2023 ("1H2023").  The Group expects to report a net profit of no less than RMB10.0 million for 1H2024, compared to approximately RMB8.8 million for 1H2023. It's important to note that while both periods show positive Net Profit, the 1H2023 Net Profit was primarily influenced by a one-time, non-operational fair value gain on convertible senior ordinary shares. The 1H2024 Net Profit is positive without such non-operational gains, indicating a notable enhancement in the Company's operational efficiency and profitability. The Group expects to report an adjusted Net Profit (non-IFRS measure)  of no less than RMB48.0 million for 1H2024, compared to an Adjusted Net Loss (non-IFRS measure) of approximately RMB17.4 million for 1H2023.  The Board attributes the anticipated strength of the Group's 1H2024 operating results to several factors. The Company has successfully expanded its store network, growing from 672 stores as at June 30, 2023 to 768 stores as at December 31, 2023, and further to 914 stores as at June 30, 2024. This expansion, coupled with continuous revenue growth in existing stores and new stores' strong sales performance in new growth markets, has driven overall revenue growth. Additionally, the Company has achieved further enhancements in its profit margin through improvements at both the store and corporate levels throughout 1H2024. Ms. Aileen ...