BreadTalk adds tea to growth brew; eyes deeper regional expansion
It is prepared to invest S$100 million across its business to achieve its targets
Singapore
BREADTALK Group is on track to growth and meeting its stated goal of an 8 per cent net margin by 2022 - which he had earlier announced to investors - while continuing its consolidation strategy, says its chief executive Henry Chu.
The company is prepared to invest S$100 million across its business, from boosting offerings to improving processes, he says.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Chinese sellers go to TikTok school to reach buyers abroad
Gold prices set for weekly decline ahead of US inflation data
Huawei’s new phone sports latest version of made-in-China chip
Meta’s earnings flop sparks US$400 billion sell-off in tech stocks
Singapore shares open lower on Friday; STI down 0.1%
OUE wins tender to lease, develop new ‘zero-energy’ hotel at Changi Airport’s T2