Jiumaojiu Announces 2023 Annual Results
HONG KONG, Mar 22, 2024 - (ACN Newswire) - Jiumaojiu International Holdings Limited ("Jiumaojiu" or the "Company" and its subsidiaries (together, the "Group"); Stock Code: 9922HK) is pleased to announce the audited consolidated results of the Company for the year ended December 31, 2023.
- HONG KONG, Mar 22, 2024 - (ACN Newswire) - Jiumaojiu International Holdings Limited ("Jiumaojiu" or the "Company" and its subsidiaries (together, the "Group"); Stock Code: 9922HK) is pleased to announce the audited consolidated results of the Company for the year ended December 31, 2023.
- As of December 31, 2023, the Group had a total of 578 Tai Er restaurants, 62 Song Hot Pot restaurants, 77 Jiumaojiu restaurants, 1 Uncle Chef restaurant, 7 Lai Mei Li Grilled Fish restaurants and 1 Fresh Wood restaurant.
- In addition, revenue from Song Hot Pot as a percentage of total revenue increased from 6.5% in 2022 to 13.5% in 2023.
- In 2023, the Group experienced accelerated growth in both its restaurant operations and delivery services revenue.