SINGAPORE (May 8): Soup Restaurant Group reported first quarter earnings more than doubled to $0.76 million, or 0.27 cent per share, from $0.36 million a year ago.
Revenue for the 1Q18 months ended March rose 5% to $11.1 million from $10.5 million due to an increase in revenue from existing outlets of $0.9 million and online delivery services of $0.5 million, offset by a decrease in revenue from the closure of outlets of $1.1 million.
Revenue for the food processing, distribution and procurement services segment has also increased by $0.2 million.
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