Xi'An Catering Co.,Ltd. Posted 49.6 Million Yuan Net Loss in First Quarter of 2022

Xi'An Catering Co.,Ltd. (西安饮食股份有限公司) (000721.SZ) reported a net loss of 49.6 million yuan in the first quarter of 2022, widening 21.2% year-on-year.

Meanwhile, the company posted 114.9 million yuan in revenue, up 5.2% year-on-year.

At the end of the reporting period, it had 1.8 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 60.8%.