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Japan Foods posts 4% drop in 2Q earnings to $1.3 mil

Samantha Chiew
Samantha Chiew11/7/2017 05:40 PM GMT+08  • 3 min read
Japan Foods posts 4% drop in 2Q earnings to $1.3 mil
SINGAPORE (Nov 7): Japan Foods announced that its 2Q18 earnings dropped 4% to $1.30 million compared to $1.35 million a year ago.
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SINGAPORE (Nov 7): Japan Foods announced that its 2Q18 earnings dropped 4% to $1.30 million compared to $1.35 million a year ago.

Revenue for the second quarter ended September came in at $16.8 million, 0.7% higher than $16.6 million in 2Q17.

This was due to an increase in revenue from the group’s restaurants operating under the Ajisen Ramen, Keika Ramen and Menya Musashi brands, but was offset by a decrease in revenue from its restaurants operating under other brands.

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