Max’s Group Inc. reported on Wednesday that it incurred a net loss of P169.28 million in the first quarter, a reversal of its P138.57-million net income in the same period last year.
In a filing, the listed operator of the Max’s Restaurant chain said its consolidated revenues declined by 18.8 percent to P2.72 billion in January to March from P3.35 billion year-on-year.
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