Restaurant group, Ping Pong has reported a 10% rise in like-for-like sales for the last year 2014-2015 and a 32% rise in operating EBITDA (earnings before interest, tax, depreciation and amortisation).
Like-for-like sales were up by 10% to £15.25m, with operating EBITDA up to £2.9m. The group EBITDA stood at £1.6m, which is more than double the previous year.
Ping Pong's outlets serve up Dim Sum, rice and griddled dishes, along with cocktails and Chinese teas. There are 8 locations across London including: Westfield Stratford, Wembley, Soho, Market Place, Southbank, St Katharine docks, and St Pauls.