![]() ![]() However, the pandemic hurt its consolidated sales significantly and its revenue for the July 2020-March 2021 period nearly halved to Tk37.7 crore, while a hike in selling and distribution cost along with other determined elements pushed the listed firm post Tk0.85 loss per share, against Tk0.6 profit per share over the same period a year ago. It also expanded its wings in ice-cream and is working to establish a cold chain network. Golden Harvest Agro Industries, a public company that is a leading name in the food processing industry of the country, especially in ready to cook frozen foods. Home delivery of grocery and medicine is also in a rising popularity and Servus plans to enter there as soon as it secures a good start in food services. "You will not have to come back from a restaurant without enjoying the desired food items," he added. The business would flourish once the pandemic is over, he hopes, as there would be good deals for both the restaurants and diners. Servus also launched its restaurant booking services that would see a fair demand in popular restaurants as customers can pre-book tables, pre-order items from the menu uploaded in the app, said Servus Foods Operations Director Ghaffari. "This is just the beginning and the entire potential is ahead," he said. ![]() Number of daily served orders is yet to cross the number for 1% of Dhaka's population and Ghaffari feels the market would significantly grow in coming years with the increasing purchasing power and a changing lifestyle. Responding to a question regarding profitability, Ghaffari said apparently it seems to be a cash burning business, but a popular platform can enjoy multiple streams of revenue that include advertisement from the restaurant partners on top of their commission on order value. Uber Eats, the food delivery platform of the global ride sharing giant, left the market in its early stage while observers believe that it was due to the competitive scenario. ![]() Food delivery is booming in Dhaka as the number of daily orders served has roughly doubled amid the pandemic while joint efforts by the delivery platforms and restaurants are costing ordered food less than what it used to be for dining-in. ![]()
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