Neo Group posts stronger profits, revenue in Q4

Singapore

HIGHER revenue helped to boost the bottom line of caterer Neo Group as it chalked up a net profit of S$3.92 million for the fourth quarter ended March 31, up nearly 43 per cent from the corresponding quarter a year ago.

Revenue in the fourth quarter increased 7 per cent to S$50.89 million on the back of a better performance from the food catering business.