Shakey’s H1 profit falls 33% to P232M 

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MANILA, Philippines — Shakey’s Pizza Asia Ventures Inc. saw its first-half profit fall by a third as softer consumer spending, store expansion costs and the restructuring of its Peri-Peri network weighed on earnings. The restaurant and food kiosk operator said on Thursday its net income after tax (NIAT) declined by 33 percent to P232 million in
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