Last year, the profit of the 4P's pizza restaurant chain increased by more than 38% to about 115 billion VND, the highest since 2018.
This information has just been announced by Pizza 4Ps Joint Stock Company - owner of the 4P's pizza restaurant chain on the Hanoi Stock Exchange (HNX).
By the end of 2023, the company's equity reached more than VND267 billion, up nearly 77% compared to a year earlier. Pizza 4P's liabilities decreased slightly to about VND208 billion and cleared all bond debt.
Last year, the pizza chain earned a post-tax profit of VND115.3 billion, equivalent to an average of VND315 million per day. This profit increased by more than 38.5% compared to the previous year and was also more than double the profit in the years before the pandemic.
In 2022, 4P's pizza made a profit of more than 83.5 billion VND, while in the previous two years due to the impact of Covid-19, this business lost 20.8 billion and approximately 38 billion VND respectively.
Pizza 4Ps was founded in Vietnam by a Japanese couple, Yosuke Masuko and Sanae Takasugi. Although pizza is the main product, Pizza 4P's positions itself as a restaurant chain instead of a fast food restaurant. This chain has received investment from Mekong Capital and Seedcom.
Currently, 4P's pizza has 31 restaurants in Hanoi, Ho Chi Minh City, Hai Phong, Nha Trang, Da Nang . In addition to the Vietnamese market, this pizza chain also has 2 restaurants in Cambodia, 1 in Japan and soon in India.
In addition to the restaurant model, Pizza 4P's also operates in the field of cheese production and trading and retail of dairy products. The company supplies these products to about 300 stores (mainly five-star hotels and high-end restaurants) and sells directly and online in the Pizza 4P's restaurant system.
Mr. Tu
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