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Just Kitchen Holdings Corp V.JK

Just Kitchen Holdings Corp. (JustKitchen) is a cloud kitchen meal preparation company with operations in Taiwan, Hong Kong, Singapore, Philippines, Malaysia, and Thailand. The Company specializes in the development and marketing of proprietary and franchised delivery only food brands for customers and businesses. JustKitchen combines this hub-and-spoke operating model with online and mobile application-based food ordering fulfilled by third-party delivery companies, to minimize capital investments and operating expenses and reach more customers in underserved markets. The Company’s other business, JustMarket, is an ecommerce grocery delivery platform that allows customers to purchase groceries for delivery or add select grocery items to meals ordered through JustKitchen. The Company has developed its own signature menu items under various brands, including Hot Ones, Just Chicken, Boba Mania, go Leane and Bodyfit. The Company's subsidiary is JustKitchen Co. Ltd.


TSXV:JK - Post by User

Post by partystockeron Feb 01, 2022 4:29pm
102 Views
Post# 34386852

$JK opens two new ghost kitchens in HK and Taiwan

$JK opens two new ghost kitchens in HK and Taiwan

JustKitchen $JK $JK.V has delivered some really impressive 2021 figures, and share prices for the company look to be responding favourably. Since the press release on January 26, shares have risen 8.24% from all-time lows. 


On top of this, the company also announced the opening of two ghost kitchens in Hong Kong and Taiwan. With these two new additions, $JK now has 23 ghost kitchens operating in the two regions. 


After reporting a 26% increase in retail consumer food orders from Q3 to Q4 2021, as well as a 6% increase in dollars spent per order, I expect this continued expansion to prove fruitful for $JK. 


$JK has previously mentioned its interest in expanding into Japanese markets, which is one of the biggest catalysts I’ll be watching for in the coming year. 


$JK is currently trading at $1.03 and is valued at an MCAP of $77.4 million. 


https://ca.finance.yahoo.com/news/justkitchen-announces-opening-second-hong-080000045.html
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