Utilities saw a 7 per cent y-o-y drop in turnover to S$895 million, mainly due to lower high sulphur fuel oil (HSFO) prices in Singapore, but this was partially mitigated by higher contribution from India.
Jumbo Group | Buy
Target price: S$0.58
May 5 close: S$0.49
Maybank Kim Eng, May 4
WE visited Jumbo's newest restaurant at the IFC Mall in Shanghai last week and came away encouraged by what we observed. We...