Fast-expanding Guoquan Food thrives on home dining popularity
Guoquan Food (Shanghai) Co. Ltd. (2517.HK), a supplier of ingredients for hotpots and other dining at home, on Monday reported double-digit revenue and profit growth in the first half of…
Haidilao brings its chief ‘firefighter’ back to China to rekindle growth at home
The return of 31-year company veteran Yang Lijuan, who oversaw the hotpot chain’s global operation, may be its best hope for reviving stagnating revenues and declining profits at home Key…
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…
Haidilao dishes up overseas profits with a sour aftertaste
The hotpot brand’s international arm, Super Hi, is on track to post buoyant annual profits but under the surface increased competition is crimping margins Key Takeaways: The company expects revenues…
Jiumaojiu ladles up hotpot investment to boost overseas expansion
The restaurant operator will pay $43 million for new and existing shares of Big Way Group, boosting its stake to 49% of the North American hotpot chain Key Takeaways: Jiumaojiu’s…
Banu cooks up strong growth with cheaper eats, 24-hour stores
The premium hotpot chain has updated its Hong Kong IPO application, but could face headwinds due to recent investor preference for more cutting-edge companies Key Takeaways: Banu has filed an…
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…
