Koufu posts 3.7% rise in Q4 profit

Singapore

FOOD court operator Koufu Group lifted its fourth-quarter net profit by 3.7 per cent on higher sales, the group said on Tuesday.

Net profit for the three months ended Dec 31, 2018 stood at S$7.51 million, compared with a net profit of S$7.24 million posted the same period a year ago. The results translate to earnings per share of 1.35 Singapore cents, against earnings per share of 1.50 Singapore cents.