Spur flags doubling of earnings as Covid-19 recovery continues

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Malaysia News News

Group franchise sales up 28.3% in six months to end-December but still tenth below pre-pandemic levels

Restaurant group Spur, the owner of RocoMamas, the Hussar Grill and John Dory’s, says it continues to see a steady recovery from Covid-19 restrictions at its restaurants and expects earnings to more than double in its half-year to end-December.

Headline earnings per share is expected to rise by 117%-122% in the six months to end-December, Spur said in an update on Monday, with franchised restaurant sales growing 28.3% year on year, though this is still 9.5% below pre-pandemic levels...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines