Neo Group's loss narrows 74% for Q1
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
MAINBOARD-LISTED caterer Neo Group on Tuesday reported a 74 per cent narrowing of net loss to S$0.65 million for the first quarter ended June 30, from a net loss of S$2.5 million a year ago.
Revenue grew 27.3 per cent to S$40.6 million from S$31.9 million in the previous year, lifted by stronger performance across most business segments, including food catering and food manufacturing.
Loss per share was 0.45 Singapore cent, compared to last year's 1.72 cents.
No dividends were declared for the period.
Copyright SPH Media. All rights reserved.
TRENDING NOW
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Beijing’s calculated silence on the Iran war
DPM Gan warns of 3 structural shifts to the global system that will bring greater challenges – and opportunities
