Neo Group posts S$6m full-year profit

Singapore

FOOD caterer Neo Group on Thursday posted a net profit attributable to equity-holders of S$6.06 million for the 12 months ended March 31, 2016. This compares with a net profit of S$7.4 million for the 14 months ended March 31, 2015.

The comparative period was 14 months as Neo Group announced in May 2014 its decision to change the group's financial year-end to March 31 from Jan 31.