MIL-OSI: The Keg Royalties Income Fund Announces First Quarter 2022 Results foreignaffairs.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from foreignaffairs.co.nz Daily Mail and Mail on Sunday newspapers.
09.03.2022 - Not for distribution to U.S. News wire services or dissemination in the U.S. VANCOUVER, March 09, 2022 (GLOBE NEWSWIRE) - The Keg Royalties Income Fund (the “Fund”) (TSX: KEG.UN) is pleased to announce its financial results for the three months .
Not for distribution to U.S. News wire services or dissemination in the U.S.
VANCOUVER, British Columbia, May 11, 2021 (GLOBE NEWSWIRE) The Keg Royalties Income Fund (the “Fund”) (TSX: KEG.UN) and Keg Restaurants Ltd (“KRL”) are pleased to announce the financial results of the Fund for the first quarter of 2021.
HIGHLIGHTS
KRL system sales down 52.4% to $68.6M for the 13-week period
Royalty Pool sales down 51.9% to $68.6M for the quarter
Distributable cash down 76.7% to 12.0 cents/Fund unit for the quarter
Payout ratio was 140.6% for the first quarter of 2021
Royalty Pool sales reported by the 106 Keg restaurants in the Royalty Pool were $68,575,000 for the quarter, a decrease of $74,078,000 or 51.9% from the comparable quarter of the prior year.