Xi'an Catering Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 14, 2020 at 02:46 pm
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Xi'an Catering Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 63.749 million compared to CNY 134.917 million a year ago. Operating loss was CNY 45.991 million compared to CNY 11.270 million a year ago. Net loss was CNY 45.658 million compared to CNY 10.783 million a year ago. Basic loss per share from continuing operations was CNY 0.0915 compared to CNY 0.0216 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.
XI'AN CATERING CO., LTD. 
