Sphera Group Reports RON2.3M Net Loss in 2020 as Pandemic Disrupts Business

02.26.2021 By Oana Gavrila

Sphera Group (SFG.RO), the franchise operator of KFC, Pizza Hut and Taco Bell restaurants in Romania, reported a net loss of RON2.3 million for 2020 (excluding the impact of IFRS 16 adoption), compared with a profit of RON64 million in 2019.

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