Jiumaojiu International (HKG:9922) held a total of 824 restaurants under its six brands in the third quarter of 2024, with overall 646 self-operated restaurants and 25 franchised ones, a Friday filing with the Hong Kong Exchange said.
The rate of table turnover for its brands stood at, 3.6 for Tai Er's self-operated branches, 3.0 for Song Hot Pot, and 2.8 for Jiu Mao Jiu.
Tai Er's self-operated branches saw an average spending per customer of 69 yuan, Song Hot Pot recorded 97 yuan, and the numbers came in as 54 yuan for Jiu Mao Jiu for the three months ended Sept. 30.
Tai Er saw an 18.3% decline year-on-year in same-store average daily sales, Song Hot Pot saw a 32.5% decline and Jiu Mao Jiu recorded a year-on-year decline of 10.3%.
The restaurant chain operator's shares were down over 6% in recent trade.
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