Shakey's sees profit growing 20% in 2023

By Ed Paolo Salting

Jun 21, 2023 12:36 am

FOOD and beverage retail firm Shakey's Pizza Asia Ventures Inc. (Shakey's) expects revenues and profit to grow by 20 percent this year on the back of opportunities presented by the economy's reopening.

'With some guidance, we are expecting a growth of 20 percent in both top line and bottom line by the end of this year,' Shakey's President and Chief Executive Officer Vicente Gregorio told reporters after the company's annual stockholders' meeting on Tuesday.

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