Foodcourt operator Koufu Group has reported earnings of $9.9 million for the half-year financial period ended 30 June 2021 – up nearly four-times $2.5 million this time last year. 

Revenue in the same period was up 18.8% y-o-y $105.7 million.

“We are gradually seeing the fruition of our revenue diversification strategy, which has brought on greater resiliency,” says executive chairman Pang Lim.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook