The loss was 239% up on last year’s figure of -£5 million.
Busaba Eathai Holdings Limited, parent company of Thai restaurant chain Busaba Eathai, made a pre-tax loss of £18 million for the 12 months ending 27 May, according to the company’s latest results on Companies House.
EBITDA and adjusted EBITDA were both down at £3.9 million and -£400,000- falls of 15% and 127% respectively. However, the company has reported turnover of £29.4 million, an increase of 6% against the same period last year.
Busaba opened and closed two restaurants during the 12-month period covered in the report.
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