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, when it recorded a net income of N3.89 billion. Over the past decade, the group’s revenue has grown from N3.6 billion in 2014 to N95.3 billion in 2024, representing a compound annual growth rate (CAGR) of 38.6 percent in the same period. The group
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, when it recorded a net income of N3.89 billion. Over the past decade, the group’s revenue has grown from N3.6 billion in 2014 to N95.3 billion in 2024, representing a compound annual growth rate (CAGR) of 38.6 percent in the same period. The group