Xiabuxiabu Reports 18.9% Drop in Revenue, Narrowed Losses in H1 2025

Reuters
Aug 28
Xiabuxiabu Reports 18.9% Drop in Revenue, Narrowed Losses in H1 2025

Xiabuxiabu Catering Management (China) Holdings Co. Ltd. has announced its unaudited consolidated results for the six months ended June 30, 2025. The company reported a revenue of RMB1.942 billion, a decrease of 18.9% from RMB2.395 billion in the same period of 2024. The segment results showed a positive shift with a profit of RMB6.421 million compared to a loss of RMB32.916 million in the previous year. However, the loss before tax was RMB75.721 million, improving from a loss of RMB267 million in 2024. The total loss for the period attributable to the owners of the company was RMB84.079 million, compared to RMB272.820 million in the previous year. By the end of June 2025, the group operated a total of 937 restaurants worldwide, with 918 in China and 19 in other markets. In the first half of 2025, the company opened 32 new Xiabuxiabu restaurants. The group operated 760 Xiabuxiabu restaurants and 158 Coucou restaurants across Mainland China, as well as 19 restaurants outside the region. The company continues to focus on quality-centric and innovation-driven growth, leveraging refined operations and digital transformation to enhance its core competitiveness.

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