Steep profit plunge for Vietnam F&B major Golden Gate
Golden Gate Group JSC, a multi-brand restaurant chain operator in Vietnam, earned a consolidated net profit of VND139.53 billion ($5.62 million) in 2023, down 78.8% year-on-year.
Companies - Sun, March 31, 2024 | 8:22 am
Mekong Capital investees enjoy significant revenue growth
Several companies comprising the investment portfolio of Mekong Capital, a leading fund manager in Vietnam, reported significant revenue growth in 2023.
Companies - Tue, February 20, 2024 | 8:06 pm
Vietnam to host its third APEC summit in 2027
Vietnam will host the Asia-Pacific Economic Cooperation (APEC) summit in 2027 for the third time, per the 2023 APEC Leaders’ Golden Gate Declaration adopted Friday in San Francisco.
Economy - Sat, November 18, 2023 | 5:52 pm
Restaurant chain Golden Gate forecasts profit slump of 75% in 2023
Golden Gate Group JSC (Golden Gate), a major developer and operator of restaurants in Vietnam, is targeting net revenue of VND6.89 trillion ($293.17 million) in 2023 and after-tax profit of VND167 billion ($7.11 million), down 1.1% and 74.6% year-on-year, respectively.
Companies - Tue, June 13, 2023 | 2:07 pm
Restaurant chain Golden Gate profit hits record high
Golden Gate Trade And Service JSC (Golden Gate), a major developer and operator of full-service restaurants in Vietnam, reported after-tax profit of VND658 billion ($28 million) in 2022, while it lost more than VND430 billion ($18.32 million) in the previous year.
Companies - Fri, March 31, 2023 | 6:32 pm
Restaurant chain Golden Gate leaders divest capital
Golden Gate Trade And Service JSC (GoldenGate), a major developer and operator of full-service restaurants in Vietnam, has seen key leaders reduce their share ratio compared to the start of the year.
Companies - Mon, August 8, 2022 | 4:12 pm
Singapore's Golden Gate Ventures opens Vietnam offices
Golden Gate Ventures is opening two offices in Hanoi and Ho Chi Minh City as part of the Southeast Asian venture capital fund’s plans to increase investments in Vietnam’s startup ecosystem.
Companies - Mon, May 30, 2022 | 4:34 pm
Food chain Golden Gate incurs first loss in 14 years
Golden Gate, a major developer and operator of full-service restaurants in Vietnam, recorded a loss of over VND430 billion ($18.8 million) last year, its first ever loss since 2008, due to the Covid-19 pandemic.
Finance - Thu, April 7, 2022 | 9:42 am
Singaporean firms become restaurant chain Golden Gate’s major shareholder
A 35.95% stake of Golden Gate, the operator of a leading restaurant chain in Vietnam, has been sold to a group of three Singaporean investors, while major shareholder Prosperity Food Concepts Pte Ltd said “good bye” to the company.
Finance - Fri, March 11, 2022 | 11:51 pm
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- Editor’s Picks
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No offshore wind projects in Vietnam until 2028: global council
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Vietnam-Singapore Industrial Park JV earns $67 mln profit in 2023
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