Japan Foods Holding has reported a $1.6 million loss for its 1HFY2022 ended September, reversing from the $0.3 million earnings recorded the year before.

This translates to a loss per share of 0.94 cents for the period, compared to earnings per share of 0.17 cents the year before.

The losses recorded are despite higher revenue of $21.2 million logged for the period, up 14.5% y-o-y driven by higher revenues from brands including Afuri Ramen, Ichiro Ramen, Fruit Paradise and Yonehachi, as well as contributions from new halal brand Tokyo Shokudo.

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