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Super Group shares fall after reporting 19% drop in earnings
Branded consumer segment sales hit by unrest in Thailand, the division's largest market
Published Mon, May 12, 2014 · 10:00 PM
Singapore
SHARES of Super Group fell 4.72 per cent, or 16 cents, to $3.23 yesterday after it announced that its first-quarter earnings dropped 19 per cent to $17.8 million because of slower sales in both its branded consumer and food ingredient divisions.
Revenue for the maker of instant beverages slipped 6 per cent to $124.6 million.
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