MTY Food Group profit narrows as COVID-19 continues to hamper restaurants MONTREAL Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account
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Ryan Remiorz/The Canadian Press
MTY Food Group Inc. continued to grapple with the impact of the pandemic in its latest quarter as the drop in fast-food sales at malls and office towers took a bite out of profits.
The restaurant franchisor and operator behind more than 80 brands including food court staples like Thai Express and Tiki-Ming reported a first-quarter profit of $13.4 million on Friday – down from $19 million a year ago.
MTY Food Group reports $13 4M Q1 profit, down from $19M a year ago
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