LONDON (ShareCast) - British restaurant operator Tasty reported profit before tax of £973,000 for the first six months of 2014, up from £787,000 year-on-year.

Group revenues rose 26% from the same period in 2013 to £13.8, while operating profit, before pre-opening costs, share based payments and interest, rose 16% to £1.2m from £1m a year earlier.

Tasty has opened four sites during the last 12 months, with a further three businesses opened after the period ended and the company is currently in the process of undertaking construction on two sites, which will open before the end of 2014.

Expansion would continue through new openings, Tasty said.

"Actions are regularly taken to improve profitability at all sites, increasing sales through updated menus and improving food and labour margins."

The new sites will bring the total number of restaurants operated by the group to 37 and the company said it will continue to look at new sites and it has the resources to complete further acquisitions.

Tasty shares rose 2.88% to 107.00p at 10:59 on Thursday.

DC

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