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The latest update is out from Xiabuxiabu Catering Management (China) Holdings Co., Ltd. ( (HK:0520) ).
Xiabuxiabu Catering Management reported a 19.7% decline in revenue for 2024, reflecting challenges in the competitive food and beverage industry. Despite closing numerous loss-making outlets, the company expanded its network with new restaurant openings and pursued overseas growth, aiming to enhance profitability and maintain competitiveness.
More about Xiabuxiabu Catering Management (China) Holdings Co., Ltd.
Xiabuxiabu Catering Management (China) Holdings Co., Ltd. is a company in the food and beverage industry, primarily operating hotpot restaurants under the brands Xiabuxiabu and Coucou. The company focuses on providing value-for-money dining experiences and has a significant presence in Mainland China, with operations extending to Hong Kong, Taiwan, and Singapore.
YTD Price Performance: -12.00%
Average Trading Volume: 4,583,627
Technical Sentiment Signal: Buy
Current Market Cap: HK$952.2M
For detailed information about 0520 stock, go to TipRanks’ Stock Analysis page.