The Business Times

Companies & Markets

The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Companies & Markets

SUBSCRIBERS

S$22.1m net loss for FJ Benjamin in FY14

The group puts this down to a slowdown in luxury spending and rising costs in Singapore

Published Fri, Aug 22, 2014 · 10:00 PM
Share this article.

Singapore

FASHION retailer and timepiece distributor FJ Benjamin (FJB) has posted a net loss of S$22.1 million for its financial year ended June, with a record operating loss of S$12.9 million in the fourth quarter.

The group attributed its lacklustre financial performance to a slowdown in luxury spending in North Asia, coupled with rising costs in Singapore.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

newspaper iconPurchase this articleshopping cart icon

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here