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…
BRIEF: Xiaocaiyuan profit jumps on improved efficiencies
Restaurant operator Xiaocaiyuan International Holding Ltd. (0999.HK) said on Friday it expects to report strong profit growth for the first half of 2025 thanks to steps it took to improve…
BRIEF: Xiabuxiabu pares losses amid efficiency drive, store closures
Hotpot restaurant chain operator Xiabuxiabu Catering Management (China) Holdings Co. Ltd. (0520.HK) on Sunday said it expects to report revenue of about 1.9 billion yuan ($263 million) for the first…
BRIEF: Green Tea’s profit jumps on improved efficiency, expansion
Restaurant operator Green Tea Group Ltd. (6831.HK) on Thursday said it expects to report a net profit of between 230 million yuan ($32 million) and 237 million yuan for the first half of…
China day trippers pull the tray from beneath Cafe de Coral
The popular Hong Kong fast food chain’s revenue, profit and gross margin all fell in its latest fiscal year, as it suffers from fundamental shifts in its home market Key…
Banu ladles up new hotpot choice for Hong Kong investors
The restaurant chain’s IPO application reveals a complex mix of market trends in the first quarter, including a big rise in customer numbers but lower spending per customer Key Takeaways:…
BRIEF: Shanghai XNG raises $1 million in discounted share placement
Shanghai-based restaurant operator Shanghai XNG Holdings Ltd. (3666.HK) on Monday announced a placement of nearly 443 million shares for HK$0.02 per share, representing a 16.7% discount to its last closing…
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