Xi'an Catering Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 14, 2020 at 08:43 am EDT
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Xi'an Catering Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 129.108 million compared to CNY 262.201 million a year ago. Operating loss was CNY 70.652 million compared to CNY 17.232 million a year ago. Net loss was CNY 69.979 million compared to CNY 16.535 million a year ago. Basic loss per share from continuing operations was CNY 0.1402 compared to CNY 0.0331 a year ago.
XiAn Catering Co Ltd is a China-based company mainly engaged in catering services and industrialized food processing and sales. The Company's catering services mainly include cold dishes, hot dishes, beef and mutton steamed buns, gourd head steamed buns, dumplings, roast duck, hot pot and other local specialties, fine Shaanxi cuisine, snacks, halal food, as well as Cantonese cuisine, Sichuan cuisine, Huaiyang cuisine and others The business model is fine processing of dishes, catering services and food supply model. The Company's holding subsidiary Xi'an Daye Food Co., Ltd. is mainly engaged in the production and sales of industrialized food. Its products are mainly divided into 6 series: pastry baking, meat products, quick-frozen food, convenience food, semi-finished products, and beverage brewing.