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Wok, in the group of restaurants with more sales – Business – Economy



One of the restaurants The busiest ones of Bogota reach their first two decades of existence.

This is Wok, brand managed by the Lao Kao company, among whose founders is the investor Benjamín Villegas Bayer.

After a year of operations, in 1999 and with just one store in the north of Bogota, it has already earned 1,000 million pesos.

The network's operating income increased exponentially and in 2018 totaled 107,404 million pesos

The network's operating revenues increased exponentially and in 2018 totaled 107,404 million pesos, a growth of 12% compared to 2017, when they totaled 95,982 million pesos.

"In a short time, what started as a nice oriental food restaurant run by Benjamín Villegas and other partners has now become a long chain of affiliates whose menu has much more than sushi," said a food and beverage commentator in 2007. THE TIME.

The chicken with sesame seeds, on a bed of vegetables and rice with herbs, was one of the dishes recommend at the time and that is still served in Wok establishments.

For this company it was also possible to maintain the balance between generating economic value, environmental awareness and respect to the conditions of the country.

Last year, Lao Kao's profits totaled 2,263 million pesos, almost double that in 2017, when they totaled 1,448 million pesos.

In addition, its restaurants import only 45% of the ingredients.
For this reason, they are always looking for direct suppliers and today they have 200, among which are the cashew producers in the department of Vichada, pepper in Putumayo and pirarucu fish in Caquetá.

The local Salitre Mall, west of the country's capital, opens its doors on May 11 and becomes the number 20 of the chain.

ECONOMY AND BUSINESS


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