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Soup Restaurant's 9M earnings rise 69% to $1.0 mil on higher sales

Samantha Chiew
Samantha Chiew11/14/2017 06:05 PM GMT+08  • 2 min read
Soup Restaurant's 9M earnings rise 69% to $1.0 mil on higher sales
SINGAPORE (Nov 14): Soup Restaurant announced that its 9M17 earnings increased 68.6% to $995,000 compared to $590,000 in 9M16.
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SINGAPORE (Nov 14): Soup Restaurant announced that its 9M17 earnings increased 68.6% to $995,000 compared to $590,000 in 9M16.

Revenue for the nine months ended September increased 7.9% to $30.4 million from $28.2 million a year ago, lifted by revenue from new outlets of $6.0 million but offset by a decrease in revenue from existing outlets and closure of outlets of $3.6 million.

Revenue for the food processing, distribution and procurement services segment has decreased by $0.2 million due to rescheduling of promotional events.

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