Restructuring hits Want Want’s bottom line, as top line ekes out growth
The veteran food giant’s revenue began expanding again in its latest fiscal year, but channel reconstruction, new product promotions and rising costs depressed its profit Key Takeaways: Want Want's revenue…
BRIEF: Anjoy profit jumps 42.7% on strong demand for prepared foods
Frozen food maker Anjoy Foods Group Co. Ltd. (2648.HK; 603345.SH) announced on Tuesday that its revenue for the first quarter of 2026 rose 30.84% year-on-year to 4.71 billion yuan ($690…
BRIEF: Guoquan profit jumps as revenue growth accelerates
Guoquan Food (Shanghai) Co. Ltd. (2517.HK), a supplier of ingredients for hotpots and other dining at home, last Thursday reported its revenue rose 20.7% last year, as its profit rose…
BRIEF: Guoquan Food feasts on China’s growing preference for stay-at-home dining
Guoquan Food (Shanghai) Co. Ltd. (2517.HK) on Monday reported its revenue rose 22% in the first half of the year, while its profit more than doubled, as the company feasted…
DDC Enterprise IPO fails to whet investor appetites on Wall Street
After a failed attempt at a SPAC listing a year ago, shares of cooking content and prepared foods maker DayDayCook plummeted in their New York trading debut Key Takeaways: Shares…
Forget about tech. Shiyue Daotian cooks up hot IPO with premium rice
After first filing for an IPO in March, Shiyue Daotian steamed out of the gate with a 60% rise for its newly listed shares in their first week of trading…
A Year After Splashy IPO, Missfresh Looks Well Past Its ‘Sell Date’
The online grocer has just announced a major board reshuffle as it faces an existential crisis with ballooning losses and no relief in sight Key Takeaways: Missfresh announced a major…