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Guangzhou Restaurant: Flagship Product Expected to Sell Like Hot Cakes

作者: Maud Gu

Soochow Securities appears bullish on the Guangzhou Restaurant Group (603043:SH) after conducting research on the firm four times recently. Guangzhou Restaurant has maintained 100% capacity utilization rate in recent years, and this time it has kicked off recruitment one to two months early to avoid being caught short-handed when the busy season comes around. The company's flagship product and best sellerwhite lotus seed paste mooncake with double yolksyields the highest gross margin. As Mid-Autumn Festival approaches, we'll see if Guangzhou Restaurant can outdo itself during the busy season.

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