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Mexican restaurant operator Alsea reports significant profit growth in the fourth quarter, with a 48.1% increase in total revenues.
Alsea's Net Income Jumped in Q4 2021. Photo EE: Gilberto Marquina
02/25/2022
Mexican restaurant operator Alsea reported that its profit rose to 835 million pesos ($40.7 million) in the fourth quarter, up from 116 million pesos recorded between October and December 2020.
Total revenues of Alsea, which manages franchises of international chains such as Starbucks, Domino's Pizza and Burger King, totaled 16.732 billion pesos in the period, up 48.1% from those reported in the same period of the previous year.
Founded in 2015, SiiLA is the industry leading REsource for comprehensive commercial real estate market insights, news and events across Latin America. The SiiLA suite of innovative products drive greater accuracy, efficiency, and strategic advantages for top players in the commercial real estate industry.
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