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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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Companies & Markets

Companies & Markets

Super Group shares fall after reporting 19% drop in earnings

Companies & Markets

Porsche posts Q1 profit drop on ramp-up costs

IBM plots US$730 million expansion of Canadian semiconductor site

Seatrium unit to fully redeem S$500 million worth of floating-rate bonds early

Yeo Guat Kwang, John Chen retiring from corporate boards

US: Wall St opens higher

Air China orders homegrown C919s in challenge to jet duopoly

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