Business
INTERIM FINANCIAL STATEMENTS ENDED 30 JUNE 2022
INTERIM FINANCIAL STATEMENTS ENDED 30 JUNE 2022.
About this update from Davictus Plc
[{"type":"text","content":"\n \n \n 15 September 2022\n \n \n \n \n \n \n \n \n \n \n \n DAVICTUS PLC\n \n \n \n \n \n \n \n \n (\"DAVICTUS\" OR \"THE COMPANY\")\n \n \n \n \n \n \n UNAUDITED INTERIM FINANCIAL STATEMENTS ENDED 30 JUNE 2022\n \n \n \n \n \n daVictus plc, (LSE: DVT), announces its unaudited interim financial statement for the period ended 30. June 2022.\n \n \n \n \n \n The Interim report is also available on the Company's website at: \n \n http://www.davictus.co.uk\n \n .\n \n \n \n \n \n \n \n \n \n \n \n For further information, please contact:\n \n \n \n \n \n Robert Pincock\n \n \n [email protected]\n \n \n \n \n \n +603 5613 3388\n \n \n \n \n \n \n \n \n \n \n Chairman statements\n \n \n \n I am pleased to report the interim financial statements of Davictus PLC (the \"Company\" or Davictus\") for the six months ended 30 June 2022.\n \n \n \n \n \n The Company currently has two (2) franchisees located in Kuala Lumpur, Malaysia and Bangkok Thailand.\n \n \n \n \n \n Although the worst seems to be over, the aftereffects of the COVID-19 pandemic continues to impact businesses globally and retail segment. After two years of uncertainty, the health crises had turned into a global financial downturn due to the restrictions imposed by most countries to contain the spread of the virus. The Company had given its best to support and assist the franchisees to revise restaurant guidelines to adapt with the new normal of post COVID-19 customer behaviour after reopening the economy.\n \n \n \n \n \n Based on the above, the Company will adopt a more careful approach in recruiting additional franchisees for other cities in Asia as initially planned.\n \n \n \n \n \n The Company places importance to the welfare of its employees. Additionally, safety concerns of our franchisee's customers remain main priority to the Company and its franchisees. I trust that the Company had done everything it can in taking all appropriate measures to keep people safe whilst ensuring continuity of our operations. \n \n \n \n \n \n The Company continues to monitor the impact of the pandemic and will assist all stakeholders to address the effects and possible actions actively. The Company continues to keep its overhead...