Grand Parade returns to profit amid Burger King improvements
The group saw higher sales as it expanded the Burger King network, while also benefiting from disposing of Dunkin Donuts and Baskin-Robbins
20 September 2019 - 08:23
UPDATED 20 September 2019 - 16:40
Leisure and gaming company Grand Parade Investments (GPI) broke a two-year losing streak to return to profit in the year to end-June, with the company expecting a turnaround in Burger King to fuel further growth over the next few years.
The company reported that operating profit more than doubled to R44.2m to end-June, benefiting from improved sales and profitability at Burger King...
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