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BreadTalk shares fall 8% on net loss warning for FY2019

Vivienne Tay

Vivienne Tay

Published Fri, Jan 17, 2020 · 09:50 PM
    Drop on loss warning

    Singapore

    SHARES of BreadTalk Group fell 8 per cent just half an hour after the market opened on Friday after the company warned of a fiscal 2019 net loss on Thursday after trading hours.

    The mainboard-listed food and beverage player saw its share price drop 5.5 Singapore cents to S$0.635 as at 9.30am on Friday, trading at its lowest price this week. The counter closed at S$0.645 on Friday, down 4.5 Singapore cents or 6.5 per cent.

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