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FOOD SERVICES | Staff Reporter, UK

Giraffe trims losses following sale

The loss after tax was an improvement on the £8m loss from the previous year.

Restaurant chain Giraffe has reported a £5.2m loss for the year to January, following its sale to British restaurateur and food empire giant Ranjit Singh Boparan in 2016.

According to accounts filed with Companies House, Giraffe reported a drop in turnover to £51m for the year to January, down from £56.7m on the 52-week basis.

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