Tsui Wah goes to college as consumers dine out less
The restaurant operator is looking for new business on university campuses amid persistent weakness in its two main markets in Hong Kong and Mainland China Key Takeaways: Tsui Wah’s revenue…
A McDonald’s Valuation Downsize, and New Medical Plan Additions
The value of McDonald's China operation has plunged by more than half in the last year. And 91 companies got their drugs added to China's national health plan By Doug…
Café de Coral slumps as dark clouds hover over restaurant industry
Hong Kong’s leading fast-food operator and rival Fairwood have both issued profit warnings this month as growing consumer caution takes a bite from their business Key Takeaways: Café de Coral…
NEWS WRAP: Yum China boosts returns to shareholders on strong quarterly results
The operator of KFC and Pizza Hut restaurants in China announced it was expanding its cash allocation for share buybacks and dividend payments between 2024 and 2026 By Doug…
DPC Dash finds savory growth in China’s underserved markets
The exclusive master franchisee for Domino’s Pizza in China’s revenue grew 48% in the first half of the year, as it continued to post market-defying positive same-store sales growth Key…
Yum China serves up profit, margin growth despite challenging consumer landscape
The operator of KFC and Pizza Hut restaurants in China reported revenue and profit growth in the second quarter, even as sales contracted at many of its rivals Key Takeaways:…
DPC Dash bakes up hot growth in drive to more cities
The exclusive franchisee of the Domino’s pizza in China said its revenue rose 51% last year, as it reported its first audited annual profit Key Takeaways: DPC Dash’s revenue grew…