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An announcement from Jiumaojiu International Holdings Ltd. ( (HK:9922) ) is now available.
Jiumaojiu International Holdings Ltd. reported its operational data for the fourth quarter of 2024, highlighting a decline in same-store average daily sales year-on-year across major brands due to changes in the external environment. Despite this, the company experienced a slight increase in average spending per customer for Tai Er in Mainland China and Song Hot Pot, attributed to adjustments in promotional policies, indicating a strategic response to market challenges.
More about Jiumaojiu International Holdings Ltd.
Jiumaojiu International Holdings Ltd. is a company operating in the restaurant industry, known for its diverse range of culinary brands such as Tai Er, Song Hot Pot, and Jiu Mao Jiu. The company focuses on both self-operated and franchised restaurants, with a significant presence in Mainland China and other regions.
YTD Price Performance: -15.45%
Average Trading Volume: 25,916,290
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: HK$4.05B
See more insights into 9922 stock on TipRanks’ Stock Analysis page.
