SHAKEY’S Pizza Asia Ventures Inc. said its recurring net income grew 10 percent during the first half of the year to P386 million on the back of increasing the company’s revenue base.
System-wide sales rose by 18 percent to P4.1 billion, driven by same-store sales growth of 8 percent and an expanding local store network.
Since the start of the year, the company, led by the Po family, has added 11 new outlets, ending the first half of 2017 with a 195 Philippine store network.