Tung Lok posts 6.4% rise in full-year earnings to S$611,000
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Singapore
TUNG Lok Restaurants posted a 6.4 per cent rise in net profit for the full year ended March 31 (FY2016), as both revenue and gross profit margins inched up.
Profit attributable to shareholders was S$611,000, up from FY2015's S$574,000, translating to earnings per share of 0.22 Singapore cent, against FY2015's 0.23 cent. No dividend was declared, as was the case for FY2015.
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