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MasterBeef Group Secures Frankfurt Dual Listing as First-Half 2025 Swings to Loss

Story Highlights
  • MasterBeef Group has secured a Frankfurt Stock Exchange dual listing to boost liquidity and reach new investors.
  • First-half 2025 results show lower revenue and a swing to loss after prior-year gains from asset disposals disappeared.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
MasterBeef Group Secures Frankfurt Dual Listing as First-Half 2025 Swings to Loss

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MasterBeef Group ( (MB) ) just unveiled an announcement.

On September 5, 2025, MasterBeef Group announced that its ordinary shares began dual trading on the Frankfurt Stock Exchange’s Quotation Board under the symbol “J0M,” adding a secondary listing to its existing Nasdaq Capital Market quotation in an effort to enhance share liquidity and broaden its international investor base. For the six months ended June 30, 2025, the company reported revenue of approximately HK$230.6 million (about US$29.4 million), down from HK$244.3 million a year earlier, and swung to a loss of roughly HK$31.9 million from a profit of HK$40.2 million in the prior-year period, when results were boosted by a one-off gain of about HK$58.7 million from the May 14, 2024 disposal of non-core restaurant subsidiaries, highlighting the impact of past restructuring and rising operating and impairment costs on current profitability.

More about MasterBeef Group

MasterBeef Group is a Hong Kong-based full-service restaurant operator focused on mid-range Taiwanese cuisine, particularly hotpot and barbecue, primarily under its Master Beef and Anping Grill brands. Founded in 2019 after identifying an opportunity in Hong Kong’s Taiwanese hotpot segment, the group has expanded to 12 restaurant outlets in Hong Kong and has restructured its portfolio by disposing of certain brands, including Chubby Bento, Chubby Noodles and Bao Pot, to streamline operations and concentrate on its core concepts.

Average Trading Volume: 5,152

Technical Sentiment Signal: Strong Sell

Current Market Cap: $105.2M

For a thorough assessment of MB stock, go to TipRanks’ Stock Analysis page.

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