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BreadTalk posts 10.5% increase in 2Q earnings to $2.44 mil on higher interest income

Samantha Chiew
Samantha Chiew8/1/2018 11:03 PM GMT+08  • 2 min read
BreadTalk posts 10.5% increase in 2Q earnings to $2.44 mil on higher interest income
SINGAPORE (Aug 1): BreadTalk today announced that its 2Q18 earnings have increased by 10.5% to $2.44 million from $2.20 million in 2Q17 on higher interest income.
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SINGAPORE (Aug 1): BreadTalk today announced that its 2Q18 earnings have increased by 10.5% to $2.44 million from $2.20 million in 2Q17 on higher interest income.

In a media release issued on Wednesday, the group also attributed its increase in earnings to its effective cost management and diversity of brand portfolio.

This brings 1H18 earnings to $3.62 million, 72.2% lower than $13.0 million in 1H17, mainly due to higher expenses.

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