In­creased sup­pli­er costs, NIS con­tri­bu­tions as well as for­eign ex­change con­straints took a ma­jor bite in Pres­tige Hold­ings prof­its for the six-month pe­ri­od end­ed May 31, 2026.

Ac­cord­ing to the restau­rant man­age­ment com­pa­ny's fi­nan­cial re­port for the half year, prof­it at­trib­ut­able to share­hold­ers for the pe­ri­od six-month pe­ri­od de­clin­ing by 45.7 per cent, falling to $18.9 mil­lion in 2026, from $34.8 mil­lion for the same pe­ri­od in 2025.

Pres­tige Hold­ings chair­man Chris­t­ian Mout­tet not­ed the restau­rant man­age­ment com­pa­ny had seen in­creased sales vol­umes with rev­enue in­creas­ing by 1.3 per cent to $716 mil­lion com­pared to $707 mil­lion in the pre­vi­ous year, but a se­ries of in­creased ex­pens­es im­pact­ed PHL's prof­its.