Max’s Group Inc. (MGI) reported a net income of P451 million last year, a significant turnaround from the P1.68 billion net loss it incurred in 2020 due to cost savings realized from rightsizing and more efficient operations. In a disclosure to the Philippine Stock Exchange, the firm said that,...
Max’s Group Inc., the Philippines’ largest casual dining group, has recently named its former Group Chief Operating Officer and marketing veteran Ariel P. Fermin as its new president. Fermin takes over from Roberto F. Trota and will now be in charge of the overall commercial and operational...
Max’s Group, Inc., the Philippines’ largest casual dining restaurant group, reported a net income of P235 million in the first nine months of 2021, a strong reversal from the net loss of P982 million in the sam period last year. In a disclosure to the Philippine Stock Exchange, the firm said it...
Max’s Group, Inc. (MGI), the Philippines’ largest casual dining restaurant group, reported a net income of P392 million for the first half of 2021, a turnaround from its P603 million first-half loss last year. In a disclosure to the Philippine Stock Exchange, the firm said net income amounted...
The local stock market is seen to continue to be weighed down by concerns over the COVID-19 pandemic although upcoming annual stockholders’ meeting may also influence investors depending on the tone they set. “Next week, we still see a downward bias for the local market as pandemic worries are...
Max’s Group, Inc., the country’s largest casual dining restaurant group suffered a net loss of P1.68 billion last year from a net income of P724.23 million in 2019 due to the pandemic and a one time loss. In a disclosure to the Philippine Stock Exchange, the firm said the 2020 loss includes...
