
H-shareandA-sharerestaurantsbroadlyreportedsignificantearningsdeclinein1H13,exceptforAjisen(company-specificrecovery)andTaoHeung(flat).Theunderperformancewasmainlyduetofrugalitymeasuresandavianflu,withmid-to-high-endfull-servicerestaurantsaffectedmostsuchasTangPalace,XiaoNanGuo(XNG),QuanjudeandXiangeqing.Forreference,Chinacateringsalesgrewonly8.7%withmid-to-high-endrestaurantsal...