Xiabuxiabu serves up bold expansion plan for post-Covid comeback
The Taiwanese-style hotpot chain was still mired in losses last year, but its revenues are picking up as China’s economy recovers Key Takeaways: Xiabuxiabu has projected falling revenue and a…
FAST NEWS: InnoCare Pharma’s Loss Soars on R&D Costs, Exchange Losses
The latest: InnoCare Pharma Ltd. (9969.HK) said it expects to report its net loss soared about 13 times to 910 million yuan ($134 million) last year, according to a profit…
FAST NEWS: YTO International Says Profit Plunged Last Year
The latest: Delivery and logistics company YTO International Express and Supply Chain Technology Ltd. (6123.HK) said on Monday it expects to report its net profit last year dropped by about…
Former Retail Star Gome Hobbled by Declining Revenue, Heavy Debt
The household appliance seller warned its revenue fell as much as 60% year-on-year in the first three quarters, and added some of its loans are overdue Key Takeaways: Gome’s revenues…
Rising Losses, Intensifying Regulations Hobble ‘Fast Dog’ Gogox
The intra-city logistics provider warns of ballooning losses less than two months after its Hong Kong IPO Key Takeaways: Gogox warned that its loss grew sharply in the first half…
With Post-IPO Profit Warning, Is Readboy Losing Its Gold Star?
Less than a month after its Hong Kong listing, the smart learning device maker admitted losing up to 45 million yuan in first half of the year Key Takeaways: Readboy…
FAST NEWS: Nayuki Swings to Loss as Covid Hits Tea Consumption
The latest: Premium tea chain operator Nayuki Holdings Ltd. (2150.HK) issued a profit warning on Friday, saying it expects to record an adjusted net loss of 230 million yuan to 270 million yuan ($34…