Business
INTERIM FINANCIAL STATEMENTS ENDED 30 JUNE 2023
INTERIM FINANCIAL STATEMENTS ENDED 30 JUNE 2023.
About this update from Davictus Plc
[{"type":"text","content":"\n\n \n4 September 2023\n \n \n \nDAVICTUS PLC\n \n \n(\"DAVICTUS\" OR \"THE COMPANY\")\n \nUNAUDITED INTERIM FINANCIAL STATEMENTS ENDED 30 JUNE 2023\n \ndaVictus plc, (LSE: DVT), a company established to seek business opportunities in the food and beverage sector in Asia, announces its unaudited interim financial statement for the period ended 30. June 2023.\n \nThe Interim report is also available on the Company's website at: http://www.davictus.co.uk .\n \n \n \nFor further information, please contact:\n \nRobert Pincock\[email protected]\n \n+603 5613 3388\n \n \n\n\nCHAIRMAN'S STATEMENT\nFOR THE SIX MONTHS ENDED 30 JUNE 2023\n \nI am presenting the interim financial statements of Davictus PLC (\"the Company\" or \"Davictus\") for the six-month period ending on June 30, 2023.\n \nDavictus continues to oversee its two franchisees located in Kuala Lumpur, Malaysia, and Bangkok, Thailand. The board views their performance as being moderate and thus we are cautiously considering potential expansion in these markets. We might entertain inquiries from Singapore, Indonesia, Philippines, and Vietnam in the coming years, although our approach to expansion remains measured.\n \nIn recent months, we have been exploring opportunities to extend our restaurant management services beyond our flagship Havana Dining franchise. This exploration is still ongoing, and updates will be shared as progress is made. We hope that these considerations will tap into our industry expertise, potentially bringing in new revenue streams for the Company.\n \nOur commitment to supporting the well-being and growth of the employees working within our franchise network, remains steadfast. We are dedicated to providing the necessary support for smooth operations.\n \nWe maintain a cautiously optimistic view of the Company's future, underpinned by our dedication to operational excellence and industry best practices. This approach positions us for growth and sustained profitability.\n \nThe board expresses its gratitude to all stakeholders for their ongoing support.\n \nAbd Hadi Bin Abd Majid\nChairman\n4 September 2023\n\n\n \nDIRECTORS' STATEMENT\nFOR THE SIX MONTHS ENDED 30 JUNE 2023\n \nFor the reporting period...