Koufu's Q2 net profit slips 2.6%

Singapore

KOUFU Group's Q2 net profit slipped 2.6 per cent to S$6.16 million from the preceding year, mostly due to a reduction in finance income, the group said in a Singapore Exchange filing.

It was its first results release since the initial public offering (IPO) by the food court and coffee shop operator, which began trading on the mainboard on July 18.