Amer Group's unit inks franchise rights deal for three restaurants

These restaurants include Studio Masr, Carino’s, and Coffeechino

  
Cairo – Mubasher: Amer Group Holding Co announced that its subsidiary Tropicana for Projects Co signed a franchise rights deal with Olive Tree for a number of restaurants.

These restaurants include Studio Masr, Carino’s, and Coffeechino, the company said in a bourse disclosure on Thursday.

The franchise rights do not include the management or operation of any malls, the disclosure showed.

In the first half (H1) of 2021, Amer Group Holding Co achieved consolidated net profits of EGP 176.02 million, up from EGP 27.6 million In H1-20, including minority shareholders' rights.

Source: Mubasher

All Rights Reserved - Mubasher Info © 2005 - 2021 Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

More From North Africa