XN000022-1988-01-14 — Page 4

THURSDAY, JANUARY 14, 1988

RESULTS OF QUARTERLY SURVEY OF RESTAURANT

RECEIPTS AND PURCHASES

THE VALUE OF TOTAL RECEIPTS FOR THE ENTIRE RESTAURANT SECTOR IN THE THIRD QUARTER OF 1987, ESTIMATED AT $6,039 MILLION, WAS 18 PER CENT HIGHER THAN IN THE SAME QUARTER OF 1986, WHILE THE VOLUME WAS 12 PER CENT HIGHER THAN IN THE SAME QUARTER OF

1986. ACCORDING TO THE PROVISIONAL RESULTS OF A SURVEY RELEASED TODAY (THURSDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.

PERFORMANCE FOR THE

THESE RESULTS INDICATE A STRONG BUSINESS RESTAURANT SECTOR DURING THE THIRD QUARTER OF LAST YEAR, CONTINUING THE TREND IN THE FIRST TWO QUARTERS.

OF 1987, THEY WOULD STOCK MARKET

AS THE DATA REFER TO THE THIRD QUARTER NOT HAVE REVEALED THE POSSIBLE EFFECTS, IF ANY, OF THE INCIDENTS WHICH OCCURRED IN OCTOBER 1987.

THE PROVISIONAL ESTIMATE OF TOTAL PURCHASES BY RESTAURANTS IN

20 PER THE THIRD QUARTER OF 1987 WAS $2,627 MILLION, WHICH WAS

CENT HIGHER IN VALUE TERM THAN IN THE THIRD QUARTER OF 1986.

RECORDED

ANALYSED BY TYPE OF RESTAURANT, CHINESE RESTAURANTS THE LARGEST PERCENTAGE INCREASE (20 PER CENT) IN THE VALUE OF TOTAL RECEIPTS WHEN COMPARED WITH THE THIRD QUARTER OF 1986.

SELLING BEAN

THESE WERE FOLLOWED BY "OTHER EATING AND DRINKING PLACES" COMPRISING HERB TEA SHOPS, CREAMERIES AND OTHER OUTLETS CURD JELLY AND SO ON (17 PER CENT), NON-CHINESE RESTAURANTS (15 PER CENT), FAST FOOD SHOPS (13 PER CENT) AND BARS (4 PER CENT).

IN VOLUME TERMS, THE TOTAL RECEIPTS OF CHINESE RESTAURANTS, "OTHER EATING AND DRINKING PLACES", NON-CHINESE RESTAURANTS, FAST FOOD

CENT, 10 PER SHOPS AND BARS WENT UP BY 14 PER

CENT, 9 PER CENT,

9 PER CENT AND 1 PER CENT RESPECTIVELY.

THREE COMPARING THE FIRST

QUARTERS OF 1987 WITH THE SAME ROSE BY 18 PER CENT IN PERIOD IN 1986, TOTAL RESTAURANT RECEIPTS

PURCHASES BY VALUE AND 13 PER CENT IN VOLUME; AND THE TOTAL VALUR OF RESTAURANTS INCREASED BY 21 PER CENT.

FOOD SHOPS (12 PER

IN VALUR TERMS, CHINESE RESTAURANTS RECORDED THE LARGEST GROWTH IN TOTAL RECEIPTS (20 PER CENT), FOLLOWED BY FAST

BARS CENT), (14 PER CENT), NON-CHINESE RESTAURANTS (13 PER CENT) AND "OTHER EATING AND DRINKING PLACES" (12 PER CENT).

/IN VOLUME