Thursday , November 28 2024

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Leading restaurant company in the red for first time

Leading restaurant company in the red for first time

Golden Gate, owner of popular restaurant chains like Kichi Kichi and Gogi House, made its first ever losses last year and attributed it to the impacts of Covid-19. It reported a loss of VND430 billion (US$18.8 million) on revenues of VND3.32 trillion, down 27 percent from 2020. The gross profit …

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