According to the Zhitong Finance App, Tang Palace China (01181) announced interim results for the six months ended June 30, 2026. The group obtained revenue of RMB 422 million (same unit), a year-on-year decrease of 9.3%; the loss due to the company's owners was 7.376 million yuan, a year-on-year decrease of 59.38%; and a basic loss of 0.69 points per share.
The announcement said that although overall earnings have declined, the group is actively adjusting its strategy and stabilizing business. The Group's business is mainly in the mainland China market. Faced with intense competition, increasing market segmentation and the increasing popularity of single product stores, and increasing customer requirements for quality and cost performance, the Group carried out large-scale meal structure adjustments during this period to further focus on core product sales and enhance operating efficiency. The redesigned menu specially sets up two core categories, the “Four Must-Haves” and the “Top Ten Signboards”, focusing on showcasing the most representative dishes and the most recognized by customers. At the same time, the design returns to classic dishes, awakens the enthusiasm of loyal customers for classic dishes, and continues the brand's characteristics and heritage. In response to different consumption scenarios, the Group also formulates corresponding promotion dishes and sales strategies for the lobby and VIP rooms: the lobby menu focuses on popularity, cost performance and family dining attributes to facilitate customer choices; the lobby highlights the value of the dish, exclusive dining experience and banquet needs. Soon after the launch of the new menu, it has successfully promoted the share of dine-in sales of core dishes, gradually increasing it to more than 25%. The Group will continue to review and adjust sales targets.