9 Followers HKEX:520 - Xiabuxiabu Catering Management (China) Hldgs Co Ltd XIABUXIABU CATERING MANAGEMENT
Sector: Consumer Discretionary, Industry: Restaurants
Next Earnings: 23 Aug 2024
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HKD 1.59    +0.06 (+3.92%)

28 Mar 2024


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General

Headquarters: HK

Description

Xiabuxiabu Catering Management is a Chinese multibrand restaurant operator. The firm generates most of its revenue from two hot pot restaurant chains—Xiabuxiabu and Coucou. Started in 1998, the namesake Xiabuxiabu brand is known for serving the Chinese hot pot format in a value-oriented, quick-service setting. Diners of Xiabuxiabu usually sit on bar counters, and a pot is provided for each diner. The Coucou brand was launched in 2016 as part of the group's foray into the high-end hot pot market. Unlike the group's namesake restaurant, Coucou serves Taiwanese-style hot pot in a beautifully decorated sit-down setting. The group does not franchise any of its restaurant brands, meaning all of its restaurants are self-operated and company-owned.

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