Higher sales boost Shakey's profit

By Brix Lelis

Nov 15, 2023 12:38 am

SHAKEY'S Pizza Asia Ventures Inc. said Tuesday that net income from January to September had risen by 64 percent to P746 million from P454 million, surpassing pre-pandemic levels.

This came after the food service group tallied a 40-percent growth in systemwide sales to P13.5 billion, driven by improved foot traffic that boosted dine-in sales.

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