Xi'An Catering Co.,Ltd. Posted 96 Million Yuan Net Loss in First Half of 2022

Xi'An Catering Co.,Ltd. (西安饮食股份有限公司) (000721.SZ) reported a net loss of 96 million yuan in the first half of 2022, widening 53% year-on-year.

Meanwhile, the company posted 236.5 million yuan in revenue, down 7.3% year-on-year.

At the end of the reporting period, it had 1.6 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 58.9%.