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BreadTalk serves up a stronger bottomline this Lunar New Year

Samantha Chiew
Samantha Chiew2/23/2018 12:10 PM GMT+08  • 3 min read
BreadTalk serves up a stronger bottomline this Lunar New Year
SINGAPORE (Feb 23): BreadTalk on Thursday announced that FY17 earnings doubled to $21.8 million from $11.4 million in FY16.
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SINGAPORE (Feb 23): BreadTalk on Thursday announced that FY17 earnings doubled to $21.8 million from $11.4 million in FY16.

The stronger botttomline came on the back of lower cost of sales and losses from associates as well as higher other income and interest income.

Revenue was 2.5% lower at $599.7 million and cost of sales was 4.0% lower at $599.7 million, bringing gross profit to $333.3 million, 1.2% lower than FY16.

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