According to the Zhitong Finance App, Shanghai Xiaonanguo (03666) announced results for the year ended December 31, 2023. The group achieved revenue of 451 million yuan (RMB, same below) during the period, an increase of 38.37% over the previous year; losses attributable to shareholders were 454.18 million yuan, a year-on-year decrease of 34.39%; and the basic loss per share was 2.1 points.

According to the announcement, total revenue from the restaurant business increased by 129 million yuan from 313 million yuan in 2022 to 442 million yuan in 2023, an increase of 41.3%.