japan foods holding
Japan Foods H2 loss widens to S$6.2 million amid ‘challenging year’ for Singapore F&B
The restaurant operator cites fall in consumer discretionary spending, intense market competition and increasing operations costs
Japan Foods warns of ‘substantial’ full-year loss, citing weak sales and outlet closures
This is based on a preliminary review of the unaudited management accounts of the group
Japan Foods sinks into the red with 9M loss of S$2.9 million
The group’s revenue falls 0.6% to S$64.9 million due to weak sales in November and December
Japan Foods warns of loss for 9-month period amid lower revenue, higher expenses
This was mainly due to weak sales in November and December 2024, despite a higher number of operating outlets
Japan Foods sinks into the red with S$1.6 million net loss in H1
The group says net loss comes from higher year-on-year overall operating expenses
Tung Lok, Japan Foods warn of losses as restaurants face tough environment
Lower revenue, higher expenses and impairment loss are reasons cited
F&B, grocery players like Sheng Siong, DFI still whet appetite of investors
Delisting of RE&S also signals interest in F&B by private equity
Flood of new F&B brands, players leaves trail of local casualties
But some operators say cut-throat competition also presents new opportunities for incumbents and new players
Japan Foods books S$576,000 loss for H2 on higher expenses
Its full-year loss stands at S$495,000 as enlarged operations swell expenses
Brokers’ take: RHB downgrades Japan Foods to ‘neutral’ as operational costs stay elevated
RHB on Friday (Dec 8) downgraded Japan Foods to “neutral” from “buy”, after the food and beverage group’s H1 2024 core earnings fell “well below” its estimates amid elevated operating costs, which cou...
