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Tung Lok posts 6.4% rise in full-year earnings to S$611,000

Singapore

TUNG Lok Restaurants posted a 6.4 per cent rise in net profit for the full year ended March 31 (FY2016), as both revenue and gross profit margins inched up.

Profit attributable to shareholders was S$611,000, up from FY2015's S$574,000, translating to earnings per share of