Super Group Q1 profit down 24% on tax incentive expiry
Singapore
LOWER revenue and the expiry of a tax incentive caused instant food and beverage maker Super Group to report a net profit of S$13.6 million for its first quarter ended March 31, 2015, down 24 per cent from S$17.8 million a year ago.
Revenue dipped 2 per cent to S$121.7 million from S$124.6 million a year ago.