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Sakae profitable in Q4, but still faces tough conditions

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Fourth-quarter revenue dropped 18 per cent to S$18.6 million amid "sluggish economic conditions".

Singapore

SAKAE Holdings returned to profitability in 2017, posting a fourth-quarter net profit of S$99,000 as the food and beverage group cut administrative and other operating expenses.

Sakae, which operates the Sakae Sushi chain of conveyor belt sushi restaurants, made a net...

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