Restaurant operator Jiumaojiu announced Thursday that it expects to report its net profit rose more than 800% to 450 million yuan or higher last year.

FAST NEWS: Jiumaojiu forecasts eightfold profit jump

The latest: Restaurant operator Jiumaojiu International Holdings Ltd. (9922.HK) announced Thursday that it expects to report its net profit rose more than 800% to 450 million yuan ($62.5 million) or higher last year.…
Jiumaojiu tries franchising

Jiumaojiu takes a taste of franchising

The restaurant operator said it will test out franchising for its popular Tai Er ‘sauerkraut fish’ chain in transport hubs and Western China’s Xinjiang and Tibetan regions Key Takeaways: Jiumaojiu…