Neo Group posts 14-month earnings of S$7.4m

Singapore

FOOD and beverage caterer Neo Group's net profit for the 14 months ended March 31, 2015, climbed 15.7 per cent to S$7.4 million. This came on the back of revenue rising 47.8 per cent to S$77.4 million, largely due to growth in the group's food-catering business.

Neo changed its financial year end from Jan 31 to March 31. The preceding comparative period is for the finanal year ended Jan 31, 2014.