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Super Group Q3 profit dives 47%

Revenue dips and gross profit margin plummets amid rising raw material costs

Published Mon, Nov 10, 2014 · 09:50 PM

Singapore

INSTANT food & beverage producer Super Group's net profit for the three months ended Sept 30 plunged 47 per cent to S$9.98 million.

The fall in profit attributable to shareholders - from the previous corresponding period's S$18.71 million - came as revenue dipped 3 per cent to S$129.5 million and earnings margin fell. "In the latest third quarter, the macro-economic environment conti…

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