SINGAPORE (Aug 28): ST Group Food Industries Holdings reported FY19 earnings ended June of A$1.95 million ($1.8 million), down 28.4% from FY18 on higher costs expenses despite higher revenue.
This is ST Group Food’s first full-year results announcement after its Catalist listing in July which provided it with fresh funds for expansion.
See: ST Group launches IPO with placement of 30.1 mil shares at 26 cents each
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