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Indian burger chain Burger Singh clarifies funding raise report
Indian burger chain Burger Singh clarifies funding raise report
The brand called it misleading.
22 minutes ago
Fore Coffee posts net profit of $3.6m in FY2024
Its revenue has also more than doubled, bringing in $64m (IDR1.04t).
CHAGEE reports 15x PE ratio amidst international expansion
The brand has a total of 6,681 outlets.
Tim Hortons China posts net loss of US$8.1m in Q1
Adjusted basic and diluted net loss per ordinary share was US$0.29 (RMB2.10).
Chagee Holdings’ net revenue up by 35.4% YoY in Q1
Earnings per share stood at RMB3.92 (US$0.54).
Bahrain hospitality firm Al Abraaj Restaurants Group adds bitcoin to treasury
The company claims to be the first in the Middle East to do so.
Potato Corner parent posts 6% uptick in Q1 net income
The group expects to add 430 outlets this year.
Jollibee reports 8.1% dip in Q1 net income
The group said this was due to ‘non-operational factors’.
Kimly’s net profit down by 15.6% to $14.8m in H1 2025
The group has declared an interim dividend of $0.01 per share.
Sapphire Foods India reports lower sales for Pizza Hut in Q3
The group called it a ‘disappointing’ quarter.
Americana Restaurants’ net profit up by 16.5% in Q1 2025
This was due to revenue growth and improved gross margin through cost initiatives.
Yum China sales up by 2% YoY in Q1 2025
The company has declared a cash dividend of $0.24 per share on its common stock.
Luckin Coffee net revenue surges 41.2% in Q1
Revenues from self-operated stores also increased by 41.5%.
Shakey’s Pizza Asia profits up 11% in 2024
Systemwide sales (SWS) are at $385m (PHP21.7b), up by 17%.
Devyani acquires Indian F&B operator Sky Gate Hospitality for $49.1m
The deal is expected to be completed in May.
Nothing Before Coffee secures $2.3m in Pre-Series A funding
The fresh funds will be used to open 150 new cafes by 2026.
CHAGEE aims to raise $411m US IPO
It has an expected price range of US$26 to US$28 per share.