Xi'an Catering Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 14, 2020 at 09:46 am
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Xi'an Catering Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 500.457 million compared to CNY 496.037 million a year ago. Operating loss was CNY 42.918 million compared to operating Income of CNY 28.324 million a year ago. Net loss was CNY 47.150 million compared to net income of CNY 9.469 million a year ago. Basic loss per share from continuing operations was CNY 0.0945 compared to basic earnings per share from continuing operations of CNY 0.019 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.