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Fore Coffee posts net profit of $3.6m in FY2024
Fore Coffee posts net profit of $3.6m in FY2024
Its revenue has also more than doubled, bringing in $64m (IDR1.04t).
5 days ago
CHAGEE reports 15x PE ratio amidst international expansion
The brand has a total of 6,681 outlets.
5 days ago
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.
Guzman y Gomez reports 23.6% global network sales growth in Q3
The group reported positive growth in four markets it operates.