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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
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, Dec 22, 2021 | 11:30 am GMT+7
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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
- Editor’s Picks
-
No offshore wind projects in Vietnam until 2028: global council
-
Vietnam-Singapore Industrial Park JV earns $67 mln profit in 2023
-
Techcombank plans 10% stake issue to foreign strategic investors
-
Vietnam needs to build more highways: logistics firm exec
-
Vietnam central bank pumps cash to save troubled lender SCB
- Most Read
Man arrested after 7 workers die in cement crusher accident
Society - Update 4 day ago
- Editor’s Picks
-
No offshore wind projects in Vietnam until 2028: global council
-
Vietnam-Singapore Industrial Park JV earns $67 mln profit in 2023
-
Techcombank plans 10% stake issue to foreign strategic investors
-
Vietnam needs to build more highways: logistics firm exec
-
Vietnam central bank pumps cash to save troubled lender SCB
