Meituan Delivers Tasty Profit but Predicts Tougher Times Ahead 美團扭轉“7連虧” 預告年底陷逆境
Thanks to cost controls, online food delivery giant Meituan turned a profit in the third quarter after languishing in the red for nearly two years. But it warned that the pandemic would take a heavier toll on its results in the last three months of the year. 受益于成本控制得宜，中國在線食品配送巨頭美團三季度扭虧為盈，結束連蝕7個季度的劣勢，但預警疫情對四季度業務的影響將大于三季度。
Food delivery giant Meituan (03690.HK) has finally served up an appetizing profit for investors after two lean years, but can it follow up with the next earnings course?
Bamboo Works (official website) provides news on Chinese companies listed in Hong Kong and the United States, with a strong focus on mid-cap and also pre-IPO companies.