Mos Meals Services and products estimates first internet loss in 11 years

Mos Food Services estimates first net loss in 11 years

Hamburger chain operator Mos Meals Services and products Inc. mentioned it expects to log its first consolidated internet loss in 11 years for the 12 months via March 2019.

The corporate has forecast a internet lack of ¥800 million in comparison to an preliminary estimate of ¥2.five billion in internet benefit.

The dismal outlook comes as Mos Meals Services and products is about to pay a complete of ¥961 million to a few 1,100 member retail outlets around the nation to make up for a fall in gross sales following meals poisoning circumstances, the corporate mentioned Monday.

In August, a complete of 28 shoppers who dined at Mos Burger eating places in Tokyo and 7 prefectures within the Kanto-Koshin area complained of obvious meals poisoning signs.

Mos Meals Services and products concluded that it’s extremely most probably that the circumstances have been brought about via meals delivered from the headquarters to the eating places.

The corporate is making efforts to forestall any recurrence of the issue, akin to strengthening the vegetable sterilization procedure.

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