Jiumaojiu sinks as consumers shun its pricey ‘sauerkraut fish’
The operator of a trendy mid-range restaurant chain is getting undermined by rising popularity of ‘poor man’s meals’ from competitors Key Takeaways: In a stunning reversal, Jiumaojiu warned it expects…
FAST NEWS: Jiumaojiu forecasts eightfold profit jump
The latest: Restaurant operator Jiumaojiu International Holdings Ltd. (9922.HK) announced Thursday that it expects to report its net profit rose more than 800% to 450 million yuan ($62.5 million) or higher last year.…
Jiumaojiu takes a taste of franchising
The restaurant operator said it will test out franchising for its popular Tai Er ‘sauerkraut fish’ chain in transport hubs and Western China’s Xinjiang and Tibetan regions Key Takeaways: Jiumaojiu…
Hot pot dining boom helps Jiumaojiu serve up profit feast
The restaurant chain selling Chinese sauerkraut fish and hot pot dishes has rebounded from the pandemic with a nearly fourfold jump in first-half profits Key Takeaways: Jiumaojiu’s revenues surged more…
‘Sauerkraut Fish’ king flies back from Covid, as trendy tresses show signs of fading
Jiumaojiu’s revenue jumped more than 50% in the first half of the year, as its business returned to normal and it continued its rapid expansion Key Takeaways: Jiumoajiu’s revenue…
Jiumaojiu Closes Out 2022 With Wash of Red, But Sees Tastier Times Post-Covid
The operator of a popular restaurant chain serving ‘sauerkraut fish’ posted a rare loss in the second half of last year, but is seen bouncing back strongly in 2023Key Takeaways:Jiumaojiu’s…
FAST NEWS: Jiumaojiu Scraps Guangzhou Property Investment After Investor Revolt
The latest: Restaurant operator Jiumaojiu International Holdings Ltd. (9922.HK) announced late Monday it scrapped its plan to pay 1 billion yuan ($140 million) for 26% of the developer of the Guangzhou IFC…
