Jumbo full-year profit up 5.9% at S$11.7m

Singapore

SEAFOOD restaurant operator Jumbo Group saw net profit rise 5.9 per cent to S$11.7 million for the full year ended Sept 30, despite a marginal decrease in revenue.

While turnover dipped 0.1 per cent to S$153.6 million, the group's cost-control measures led to gross profit rising 1.4 per cent to S$97.7 million.