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daVictus PLC on Friday reported improved annual results, during a year in which it added a second restaurant franchisee.
In 2021, the Asia-focused food & beverage sector investor's revenue was £162,500, more than doubled from £78,333 in the previous year.
Its pretax loss narrowed to £18,111 from £251,933 in 2020.
In 2021, daVictus successfully appointed its second franchisee for its flagship Premium Dining restaurant chain, Havana Dining, located in Bangkok.
Covid-19 remains somewhat of a worry, however.
Chair Abd Hadi Bin Abd Majid said: ‘While the Covid-19 pandemic continues to affect the hospitality business, many governments throughout the world are now moving ahead in treating the spread of the Covid-19 virus as an endemic and thus enabling more regular opening of businesses with the view of further opening of the economic and tourism sectors in months to come.’
daVictus shares were untraded on Friday afternoon in London, last quoted at 2.0 pence each.
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