Neo Group's earnings hit record high of $6.4m

Singapore

FOOD caterer NEO Group doubled its net profit for the fiscal year ended Jan 31, 2014, to hit a record high of $6.4 million, buoyed by robust revenue.

Turnover rose 25.6 per cent year on year to $52.36 million, mainly driven by growth in the food catering business, where revenue rose 27 per cent to $38.99 million.