Home Capital Results

BreadTalk posts 50.4% rise in FY16 earnings to $11.4 mil

Michelle Zhu
Michelle Zhu2/22/2017 06:48 PM GMT+08  • 2 min read
BreadTalk posts 50.4% rise in FY16 earnings to $11.4 mil
SINGAPORE (Feb 22): Breadtalk Group reported FY16 earnings of $11.4 million, up 50.4% from $7.6 million a year ago on a steeper drop in cost of sales and 3.3% higher other income of $8.9 million.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

SINGAPORE (Feb 22): Breadtalk Group reported FY16 earnings of $11.4 million, up 50.4% from $7.6 million a year ago on a steeper drop in cost of sales and 3.3% higher other income of $8.9 million.

In the 4Q16, earnings came in at $4.4 million, four times the group’s earnings of $1.1 million in 4Q15.

The group’s y-o-y improvement in FY16 earnings comes despite a 1.5% decline in revenue for the full year to $615 million from $624.1 million a year ago.

×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.