Xiabuxiabu Catering Management (China) Holdings Co., Ltd. provided earnings guidance for the six months ended 30 June 2023. For the period, the Group is expected to record a revenue of approximately RMB2.846 billion for the six months ended 30 June 2023, representing an increase of approximately 32% as compared to that for the six months ended 30 June 2022. The Group is expected to record a net profit of not less than RMB2 million for the six months ended 30 June 2023 as compared to a net loss of RMB278 million for the six months ended 30 June 2022.