Saturday, June 30, 2012
3896. Tomato Café de Coral
Café de Coral (Chinese: 大家樂; pinyin: Dàjiālè; Cantonese Yale: daai6 gaa1 lok6 ,SEHK: 0341, OTC Grey: CFCGY ) is a fast food restaurant group which owns and operates fast food chains and restaurants including Café de Coral, The Spaghetti House, Manchu Wok, Oliver's Super Sandwiches, Ah Yee Leng Tong and others. Founded in 1968, the Café de Coral group opened its first Café de Coral restaurant in the Causeway Bay district of Hong Kong in 1969. Since then, the group has grown to operate over 580 separate outlets across its brands all over the world. Café de Coral group is the largest Chinese Fast Food restaurant group in Hong Kong and in the world. In Hong Kong alone, the Café de Coral chain caters to over 300,000 people on an average day. The Cafe de Coral Group was incorporated in 1968, but it would not be until September 1969 when it opened its first Café de Coral restaurant in Causeway Bay.The chain gradually expanded over the next decade and went on air in 1977 when it promoted its restaurants through TV commercials. In 1979, Café de Coral established its first food processing plant, a move commonly taken to lower costs and ensure consistency. In 1986, the Café de Coral Group finally went public, and in 1988, it hit a major milestone by opening up its 50th Café de Coral restaurant. The years after this would be marked by diversification when it went on a buying spree.
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