Xi'An Catering Co.,Ltd. Posted 46.7 Million Yuan Net Loss in First Half of 2023

Xi'An Catering Co.,Ltd. (西安饮食股份有限公司) (000721.SZ) reported a net loss of 46.7 million yuan in the first half of 2023, narrowing 51.4% year-on-year.

Meanwhile, the company posted 378.7 million yuan in revenue, up 60.1% 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 69.6%.