Express News | Dongguan Securities: Catering drives demand for beer and other products
Food consumption is booming during the May 1st holiday! Branded restaurants welcome growth in customer traffic
During the May Day holiday this year, although many regions were affected by bad weather and other factors, domestic food and beverage consumption still experienced a small peak.
百福控股:二零二三年年報
Express News | Ping An Securities: The prosperity of the downstream catering industry is gradually improving
The collective “bright sword” of Hong Kong's restaurant stock performance. Who are the investment targets for high growth and high dividends?
The restaurant industry is “pro-cyclical”, how to select the best?
Express News | 9 departments including the Ministry of Commerce: speeding up the “going global” of Chinese food
Baifu Holdings (01488.HK): adjusted loss of $53.406 million in 2023
On March 26, GLONGHUI | Baifu Holdings (01488.HK) announced that for the year ended December 31, 2023, revenue was approximately RMB 611 million, up 13.6% year on year; adjusted loss during the year was approximately RMB 53.406 million; adjusted loss during the same period last year was approximately RMB 103 million; basic loss per share was RMB 9.61 points. The Group's total system sales for 2023 (including sales of direct-run and franchised restaurants of all brands under the Group and associated companies) was RMB 3.75 billion, an increase of 40.4 billion yuan over the same period in 2022
Baifu Holdings (01488) announced 2023 results and achieved revenue of about 611 million yuan, up 13.6% year on year
Baifu Holdings (01488) announced its 2023 results, with revenue of about 611 million yuan, up 13.6% year on year...
BEST FOOD HLDG: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023
Best Food Expects Up to 170 Million Yuan Loss in 2023
Best Food Holding (HKG:1488) expects a net loss attributable to equity holders ranging from 130 million yuan to 170 million yuan for the year ended Dec. 31, 2023, according to a Hong Kong bourse filin
Best Food Holding Sees 2023 Loss CNY130.0M-Loss CNY170.0M >1488.HK
Best Food Holding Sees 2023 Loss CNY130.0M-Loss CNY170.0M >1488.HK
Best Food Holding: Impairment on Trademarks Hurt Results >1488.HK
Best Food Holding: Impairment on Trademarks Hurt Results >1488.HK
Baifu Holdings (01488.HK) expects annual loss of about 130 million to 170 million yuan
Gelonghui, March 20, 丨 Baifu Holdings (01488.HK) announced that the company expects to record a net loss attributable to equity holders of the company for the year ended December 31, 2023, of approximately RMB 130 million to approximately RMB 170 million. The expected loss is mainly due to the estimated impairment of trademarks estimated at RMB 80 million to RMB 110 million this year. This impairment is mainly due to the decline in corporate value and sales ratio of comparable listed companies under the Group's hot pot brand New Spicy as of December 31, 2023. This is one of the key assumptions used in the impairment assessment. Preliminary impairment assessment
BEST FOOD HLDG: INSIDE INFORMATION - EXPECTED LOSS POSITION FOR THE YEAR ENDED 31 DECEMBER 2023
Baifu Holdings (01488.HK) will hold a board meeting on March 26 to approve the annual results
GLONGHUI March 13 | Baifu Holdings (01488.HK) issued an announcement. The board of directors of the company will hold a board meeting on March 26, 2024 to consider and approve the annual results and announcements of the company and its subsidiaries for the year ended 31 December 2023, and to consider the payment of a final dividend (if any).
BEST FOOD HLDG: NOTICE OF BOARD MEETING
The “hottest in history” Spring Festival holiday is over, and many institutions are optimistic about the 2024 market trend
Many institutions at home and abroad believe that the Chinese economy will recover smoothly in 2024. As employment and income expectations improve, consumption will become the biggest engine of China's economic growth. As far as A-shares are concerned, various industries such as retail, restaurants, cinemas, and tourism are expected to be boosted.
Express News | The catering industry continues to prosper, and “fireworks” rise at an accelerated pace during the Spring Festival holiday
Restaurants were popular during the Spring Festival. The performance of listed companies improved in their annual reports last year. Will the recovery continue this year?
CITIC Construction Investment continues to be strongly optimistic about investment opportunities in the liquor, beer, snacks, and restaurant chains.
Intraday Overview | Hong Kong stocks opened high and went low, the Tech Index fell nearly 2%, Technet and Auto stocks generally fell, and Meituan fell more than 5%
Kewang stocks generally fell, with Bilibili falling more than 5%, Baidu and Tencent falling more than 2%, and NetEase, JD, and Kuaishou falling slightly; restaurant stocks had the highest declines, with Jiumaojiu falling more than 6%, Haidilao falling by more than 5%, and Xiabuxue's tea falling by about 4%.
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