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Japan Foods' Q4 profit falls 68%, mainly on impairment charge

Tuesday, May 31, 2016 - 05:50

Singapore

A QUADRUPLING of "other operating expenses", which included a one-off impairment charge arising from store closures, has hurt bottom line earnings at Japan Foods. The restaurant operator reported a net profit of S$465,000 for the fourth quarter ended March 31, down 68 per cent

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