In 2024, Food Concepts Plc, the operators of Chicken Republic, PieXpress, and The Chop Box, posted a net income of N3.3 billion. This represents a 780 per cent year-on-year growth from the N370 million net income recorded in FY 2023.
It also marks the group’s highest after-tax profit since 2021
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David Olujinmi
David Olujinmi is a financial journalist, with a knack for reporting and analysing the capital markets. He has experience in reporting the Nigerian and African financial scene.
With a Bsc in Chemical Engineering from the Obafemi Awolowo University, he has a significant grasp of numbers that has aided his understanding of the financial context.