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Ajisen China has reported a 4.8 per cent improvement in same-store sales for the June quarter. The Hong Kong-listed fast-casual restaurant operator combined sales in its local operations with those in the mainland and did not comment on the respective markets…
A high in China almost equally matched by a dip in Hong Kong has resulted in a mixed third quarter for Ajisen China Holding’s fast-casual restaurant business. Same-store sales in Hong Kong fell by 9 per cent for the three months to the end of September, while…
While half-year turnover edged down 2.5 per cent for restaurant group Ajisen (China) Holdings, its core profit grew 36 per cent. Its turnover was RMB1.1 billion (US$165.2 million) while the profit reached RMB135 million. Gross profit margin, up 2.3 points,…
Aiming to grow in China and enter the Hong Kong market, Singapore F&B company Katrina Group has signed an agreement with Big Benefit Group, a wholly owned subsidiary of Ajisen (China) Holdings. Under the deal, Katrina will hold a 30 per cent stake in the JV…
Singapore’s Katrina Group, an F&B business specialising in multi-cuisine concepts, has taken a step toward opening So Pho restaurants in China and Hong Kong. It has signed a non-binding memorandum of understanding with fast-casual restaurant group Ajisen…
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