XiAn Catering Co LtdCompany expects first-half loss due to slowed consumer market recovery and cautious spending, leading to revenue decline.

Xi'an Catering disclosed its earnings forecast, expecting a net loss attributable to shareholders of 45 million to 60 million yuan for the first half of 2026, compared with a loss of 54.1669 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 47 million to 63 million yuan, compared with a loss of 56.508 million yuan a year earlier. The company said the overall recovery pace of the consumer market has slowed, residents' consumption sentiment has become more cautious, while the catering market supply continues to expand and competition intensifies, leading to a decline in revenue. Although the company actively implements cost reduction and efficiency improvement across the entire chain and expands new marketing channels, due to the contraction in revenue scale, current operating income has not yet covered daily operating costs and various period expenses, putting pressure on operating performance.
XiAn Catering Co LtdCompany expects first-half loss due to slowed consumer market recovery and cautious spending, leading to revenue decline.