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Koufu delays opening of new outlets and integrated facility till Q3 amid Covid-19

Operating profit for first half of 2020 expected to be significantly lower year-on-year

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Published Fri, May 22, 2020 · 09:50 PM

    Singapore

    KOUFU on Friday said the openings of two food courts and two R&B bubble tea kiosks have been "tentatively moved" to the third quarter of this year, from the second quarter.

    Koufu's integrated facility is also now expected to be completed in Q3 at the earliest, due to the movement restrictions imposed in Singapore and Malaysia. Some of its construction materials are being sourced from Malaysia.

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