MK plots aggressive four-tack expansion - News Summed Up

Trending Today


MK plots aggressive four-tack expansion


An MK restaurant at Siam Square. SEKSAN ROJJANAMETAKUNSET-listed MK Restaurant Group remains in expansion mode, aiming to grow as fast as possible through key four strategies: joint ventures, branding, franchise purchases and mergers and acquisitions. In early September, MK Restaurant Group acquired a 65% stake in Laem Charoen Seafood through Catapult, a 99.99% subsidiary of the group, for 2.06 billion baht. MK Restaurant has over 670 eateries, made up of several brands including MK, Yayoi, Miyazaki, Hakata, Bizzy Box, Le Petit and MK Harvest. MK Restaurant revenue amounted to 17.2 billion baht in 2018, up from 16.5 billion in 2017, with net profit of 2.57 billion and 2.42 billion in 2018 and 2017, respectively.


Source: Bangkok Post October 08, 2019 23:26 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */