Max's Group, Inc. Reports Earnings Results for the Full Year Ended December 31, 2020
May 11, 2021 at 11:18 pm EDT
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Max's Group, Inc. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced total revenue was PHP 7,143.830 million compared to PHP 14,401.346 million a year ago. Net loss was PHP 1,675.225 million compared to net income of PHP 720.956 million a year ago. Basic loss per share from continuing operations was PHP 2.15 compared to basic earnings per share from continuing operations of PHP 0.92 a year ago.
Maxâs Group, Inc. is a Philippines-based company, which is primarily engaged in the business of catering food and establishing, operating and maintaining restaurants, coffee shops, refreshments parlors and cocktail lounges. The Companyâs primary purpose also includes dealing in the business of acquiring and developing any and all trade names, brand names and master franchises, including other intellectual property rights necessary to commence and operate the relevant business enterprises, as well as to grant the use of such trade names, brand names and master franchises for and in consideration of the payment of fees and royalties, and in connection therewith, establish management services for the expansion of the business enterprises. The Company operates under the trade names Maxâs or Maxâs Restaurant, Pancake House, Yellow Cab, Krispy Kreme, Jamba Juice, Maxâs Corner Bakeshop, Dencioâs, Maxâs Kabisera, Teriyaki Boy, Singkit, Sizzlinâ Steak, Le Coeur de France, and Maple.
MAX'S GROUP, INC. 
