Freshly prepared ‘sauerkraut fish’: Jiumaojiu’s salvation or a new sinkhole?
Once a dominant force on China’s dining scene, the restaurant operator is hoping to revive its business by using live fish killed and prepared on-site for its signature dish Key…
Xiao Noodles tempts Hong Kong investors with ‘cheap eats’ story
China’s fourth-largest noodle chain has filed for an IPO, reporting its revenue grew 34% in the first half of this year as consumers gravitated to its affordable food Key Takeaways:…
BRIEF: Jiumaojiu’s revenue, profit fall as same-store sales tumble 20%
Restaurant operator Jiumaojiu International Holdings Ltd. (9922.HK) last Friday reported its revenue and profit both fell more than 10% in the first half of the year, as growing consumer caution…
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…
