Wednesday 6 March 2019

Katrina Group - Food for Thought

Katrina Group

Facts:
  • Founded in 1995
  • Owned and operate 39 restaurants/cafe in Singapore, 1 in China
  • Namely: SoPho, Honguo, Streats, Bali Thai, Muchos, Indobox, RENNthai, Hutong food and Bayang.

You might have seen some of the above restaurants in shopping malls.
Just like below.

Noticed the restaurants were rather empty most of the time.
Can they make money?

Taking a look at their latest Income Statement, the net profit dropped 72.9% compared a year ago.


Perhaps give it sometime to gain popularity?
I tried SoPho noodles before, not bad tho.