Zhitong Financial APP News, Baifu Holdings (01488) announced interim results for 2023, with revenue of about 305 million yuan (the same as the unit below), up 13.8% from the same period last year. The loss attributable to the company's equity holders was 8.559 million yuan, which was 91.52% lower than the same period last year; the loss per share was 0.54 cents.
The increase in revenue was mainly due to the cancellation of control measures against the novel coronavirus epidemic, an increase in restaurant passenger flow and an improvement in business, the announcement said.
The total system sales of the group in the first half of 2023 (including sales of direct and franchised restaurants of all brands of the group and associated companies) was 1.77 billion yuan, an increase of 44% over the same period in 2022; the number of stores of all brands of the group and associated companies reached 967 as of June 30, 2023, compared with nearly 100 new direct stores and franchise stores opened on December 31, 2022.