#ZEN #ThanHoon-Zen Corporation Group Public Company Limited or ZEN told the Stock Exchange that the profit for the first quarter of 2023 was 34.10 million baht, an increase of 716% compared to the same period last year with a profit of 4.18 million baht by Thailand’s economy. This year has continued to improve. after the disruption from the situation of the epidemic of COVID-19 Especially in the tourism and service sectors which have started to fully open the country. As a result, the number of tourists has increased. In addition, the government has announced measures to help reduce the cost of living and stimulate the economy.
In the first quarter of 2023, the company had total revenue of 913 million baht, a 32% increase from the company’s business plan which focuses on building positive same-store growth. and expanding the franchise business domestically and internationally Including creating the growth of the commercial retail business. As a result, the company’s revenue from food business and retail business increased by 41% and 58% compared to the same period last year.
In Q1/2023, the Company opened a total of 5 new restaurants, 2 of which are company owned and 3 franchised.
At the end of Q1/2023, the Company had a total of 339 restaurant stores, divided into 157 company-owned stores and 182 franchise stores, or 46:54%.
In the first quarter of 2023, the restaurant business had a growth rate of 12.5% in restaurant business revenue from the same branch or SSSG, which the restaurant business earned 204 million baht, an increase of 41% as a result of eating out. more out of the house partly from “Shop Dee Mee Night” tax measures by the government sector to encourage more spending. And with measures to promote tourism, more foreign tourists are coming to use the service in the restaurant. In addition, new branches opened during the third and fourth quarter of 2022, helping to increase revenue to grow more than the same period last year.
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