SEHK:2517Consumer Retailing
A Look At Guoquan Food (Shanghai) (SEHK:2517) Valuation As It Expands Into Alcohol Beverage Partnerships
Alcohol partnership with Songhe puts Guoquan Food’s beverage plans in focus
Guoquan Food (Shanghai) (SEHK:2517) has signed an alcoholic beverage procurement agreement with Songhe Group, tying drinks more tightly to its hot pot and barbecue offerings across more than 11,000 retail stores.
See our latest analysis for Guoquan Food (Shanghai).
The new alcohol deal lands after a strong 1 year total shareholder return of 119.77%, even though recent momentum has softened. The 7 day share price...