jumbo group

TOPLINE

With new S$10 million HQ, Jumbo Group looks to Shanghai-focused China strategy, premium dining for growth

Group CEO Ang Kiam Meng is confident that the group’s bottom line will improve in FY2027 as its investments begin to bear fruit

Revenue for the half-year rose 7.9 per cent to S$105.1 million, from S$97.3 million a year earlier, primarily driven by the group’s Singapore operations

Jumbo H1 profit falls 22.3% to S$6.2m on higher operating costs; revenue up 7.9%

An interim dividend of S$0.005 per share was declared for the half-year

The group noted that weak consumer confidence and cautious spending in China also affected demand.

Jumbo’s H1 profit down 10.6% at S$7.9 million amid heightened F&B competition

Revenue up 0.3% at $97.3 million due to its South Korea operations

The new Jumbo Seafood outlet in the Nanjing International Finance Centre spans 668 square metres.

Jumbo Group opens first Nanjing outlet, two franchised outlets in Hainan

FOOD and beverage (F&B) player Jumbo Group announced on Wednesday (Feb 7) that it had opened its first outlet in Nanjing, China earlier on Saturday.

Jumbo Group will use Internal resources to finance the S$16.7 million required to purchase shares under the equal access offer.

Jumbo Group to buy back 10% of shares at S$0.26 each

AT the company’s annual general meeting held last Friday (Jan 19), Jumbo Group’s shareholders approved the renewal of its share buyback mandate.

Jumbo attributes its stronger top line figures for the six-month and full-year periods chiefly to the increase in revenue from its local operations on the back of the easing of pandemic-related measures. 

Jumbo’s H2 profit up 52% to S$6.7 million, recommends final dividend of S$0.01 per share

RESTAURANT operator Jumbo Group on Tuesday (Nov 28) reported earnings of S$6.7 million for the second half of the fiscal year ended September, up 52 per cent from its net profit of S$4.4 million in th...