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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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The group has temporarily suspended the operations of 10 food courts, three quick-service restaurants and two full-service restaurants to reduce operating costs.

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...

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