Sales slide for Ajisen (China) Holding
Sales have been sliding for fast casual restaurant business Ajisen (China) Holding, the owner of the Ajisen Ramen chain.
Same-store sales slipped 1.7 per cent in Hong Kong for the three months to the end of December.
In Mainland China, the gross rate (no taxes deducted) for same store sales dipped 0.6 per cent. The net rate (allowing for taxes) extends the negative result to 5.9 per cent.
Business sales for the group fell 12.5 per cent.