BreadTalk's full-year earnings up 91% on consolidation strategy
Singapore
LIFESTYLE food and beverage group BreadTalk Group on Thursday reported record earnings of S$21.8 million for the full year ended Dec 31, 2017, a 91 per cent jump from S$11.4 million a year ago.
Earnings per share came in at 7.76 Singapore cents, against 4.07 Singapore cents previously. The better performance was due to the group's strategy of consolidation and maximisation, which helped the core divisions focus on improving…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Microsoft launches lightweight AI model
Gucci-owner Kering posts 10% drop in Q1 sales on sluggish Chinese demand
Hotel Properties prices 5-year notes at 5.1%
Apple to hold launch event on May 7, with new iPads expected
OUE Reit obtains S$600 million unsecured sustainability-linked loan
US: Wall St opens higher as more earnings roll in