"Chain Hotpot's First Stock" Xiabu Xiabu plummeted nearly 17% during trading, marking its fifth consecutive year of losses.

2026-03-09 04:35:01

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On March 9, the “First Chain Hotpot Stock” Xiabuxiabu (00520.HK) fell nearly 17% at one point, currently trading at HKD 0.610 per share.

In terms of news, on March 6, Xiabuxiabu released its earnings report. For the fiscal year 2025, the company expects to achieve an operating revenue of 3.8 billion yuan, a year-on-year decrease of 20%. Revenue continues to shrink, down more than 38% from the peak of 6.147 billion yuan in 2021. Regarding net profit, Xiabuxiabu forecasts a continued loss of 290 million to 310 million yuan in 2025, compared to a loss of 398 million yuan in the same period last year, representing a reduction in loss of 22.2% to 27.2%.

Since 2021, Xiabuxiabu has experienced five consecutive years of losses, with total losses exceeding 1.5 billion yuan.

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