Owning the brand of 20 restaurant chains from hot pot, BBQ, Japanese food, draft beer with a revenue of trillions of billions per year, the shareholder structure of Golden Gate Trading and Services Joint Stock Company (Golden Gate) since
According to Golden Gate’s financial report, the 4 largest shareholders controlling 99.1% of the company’s charter capital include Golden Gate Partners Joint Stock Company (54.4%) and 3 individual shareholders, Dao The.
At Golden Gate Partners, the largest shareholder is Sakura Invest Company Limited (holding 38.32% of shares).
With rapidly growing business activities thanks to a series of restaurant chains favored by young people and office workers, the profit after tax each year this unit brings in is many times greater than its capital contribution.
Golden Gate’s ownership structure according to data from the Ministry of Planning and Investment.
Golden Gate was established in 2008 with a charter capital of 32 billion VND contributed by 5 individual shareholders.
One year later, the shareholder structure of this unit once again had a significant disturbance, with the appearance of an institutional shareholder, Golden Gate Partners Company, with 54.4% ownership, three shareholders.
In 2008, this unit, after acquiring the assets of Hoang Thanh Commercial Services Company, launched the first restaurant chain under the Ashima brand including 3 restaurants in Hanoi and 3 restaurants in Ho Chi Minh City.
In 2013, with two restaurant chains Kichi-Kichi and Sumo BBQ operating, Golden Gate’s revenue reached nearly 510 billion VND, however only after deploying 4 new brands, revenue in 2014 more than doubled.
In the 2016 plan approved by the Golden Gate Board of Directors, with the plan to expand the existing restaurant chain, this business targets revenue growth of 54%, estimated at VND 2,870 billion.
Data from this unit also shows that from 500,000 guests served in 2008 with the first restaurant chain Ashima, by 2016 the total number of guests served by Golden Gate reached more than 4 million with 20 restaurant chain brands.
As of December 31, 2015, Golden Gate’s total number of employees reached 2,800 people, more than double the level of 1,143 people in 2014. With total labor costs in the year of nearly 296 billion VND, the average income for