Xi'An Catering Co.,Ltd. Posted 31.5 Million Yuan Net Loss in First Quarter of 2023

Xi'An Catering Co.,Ltd. (西安饮食股份有限公司) (000721.SZ) reported a net loss of 31.5 million yuan in the first quarter of 2023, narrowing 36.4% year-on-year.

Meanwhile, the company posted 176.4 million yuan in revenue, up 53.5% year-on-year.

At the end of the reporting period, it had 1.6 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 68.3%.