💨 Abstract

Westlife Foodworld reported a 96% slide in fourth-quarter profit on Wednesday. Cash-strapped consumers cut back on dining out and ordering in despite fast-food chains’ attempts to lure them with discounted prices. The franchisee said consolidated profit after tax fell to 7.6 million rupees ($91,012.8) for the January-March quarter.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖