The Convenience Shop plc Reports Earnings Results for the Half Year Ended June 30, 2023

The Convenience Shop (Holding) plc is a Malta-based holding company. The principal activity of the Company is to operate and franchise grocery stores in the fast-moving consumer goods (FMCG) industry. Through its subsidiaries, the Company manages a chain of retail outlets under The Convenience Shop brand in various locations across Malta. It offers various product categories, which include baby products, ambient, cleaning, catering, drinks, fresh foods, household products, personal care, pets and stationary items, among others. It owns and operates a total of 40 shops, of which 4 shops are owned by minority shareholders and 1 shop (The Convenience Shop for Puttinu Cares Ltd) is operated for charity. It also offers additional services on request to franchisees, mainly pertaining to additional IT business applications, accounting services and additional human resource services related to employee and payroll management, recruitment, training and development.