SINGAPORE (Dec 28): No Signboard reported a 1.3% fall in full-year earnings to $7.7 million in FY17 ended Sept from $7.8 million a year ago in FY16 on higher expenses.
The seafood restaurant operator had requested for a three-month extension from Singapore Exchange to report its FY17 results due to its listing on Nov 30.
Revenue rose 7.3% to $24.4 million in FY17 from $22.7 million. Restaurant sales decreased by 6.3% to $21.3 million. Sales at The Central outlet increased by 29.5%, whereas sales at the Esplanade outlet decreased by 16.6% while the Vivocity outlet saw sales drop by 0.5%.
For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
