Xi'An Catering Co.,Ltd. Posted 66.6 Million Yuan Net Loss in First Three Quarters of 2023

Xi'An Catering Co.,Ltd. (西安饮食股份有限公司) (000721.SZ) reported a net loss of 66.6 million yuan in the first three quarters of 2023, narrowing 52.8% year-on-year.

Meanwhile, the company posted 585.6 million yuan in revenue, up 54.5% 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 70%.