Corporate digest
Add BT as a preferred sourceBreadTalk Group
MAINBOARD-LISTED BreadTalk Group expects a net loss for FY2019 ended December, due to weakness in its bakery and food concept divisions, coupled with the turmoil in Hong Kong, the company announced in a profit guidance on Thursday after trading hours.
The red ink will likely spill from widening losses at the bakery business in China and Thailand, as well as from several brands within its 4orth food concepts division, including Wu Pao Chun, Song Fa, Tai Gai and Nayuki.
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