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ST Group Food FY19 earnings down 28.4% to A$1.95 mil on higher expenses

PC Lee
PC Lee8/28/2019 07:43 AM GMT+08  • 3 min read
ST Group Food FY19 earnings down 28.4% to A$1.95 mil on higher expenses
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.
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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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