tung lok restaurants

Ajisen Ramen, a brand under JFH. JFH noted increases in the depreciation charges of plant and equipment and right-of-use assets, manpower cost and utilities expenses.

Tung Lok, Japan Foods warn of losses as restaurants face tough environment

Lower revenue, higher expenses and impairment loss are reasons cited

Japan Foods Holding's Takahashi Kenichi says the group's best-performing restaurants are located in heartland malls. 

Rising costs may dampen appetite for restaurants, even if weak tourist numbers don’t: analysts

A RETURN of tourists had been widely expected to increase the appetite for restaurants here. But with tourism figures still a distance from pre-Covid levels, domestic consumers are playing a larger ro...

As Tung Lok’s main clientele are locals and businesses, it was “not so much affected” by the low tourist arrivals in recent years, says founder and CEO Andrew Tjioe.
TOPLINE

Ready-to-eat meals a growing business for restaurant group Tung Lok

CEO Andrew Tjioe expects the return of tourists to boost financial performance too

The first outlet to be set up under the joint venture will be located at Safra’s Choa Chu Kang clubhouse, which is set to open in May.

Tung Lok and Safra to jointly manage cafe

A SUBSIDIARY of Tung Lok Restaurants (TLR) has entered into an agreement with Safra to manage a cafe through a joint venture.

Food preparation at Amici Events and Catering.

F&B catering's back, but not at a sprint yet

Industry hopes that self-service buffets will resume soon

Tung Lok in the black from government Covid reliefs and own cost control moves

Tung Lok in the black from government Covid reliefs and own cost control moves

TUNG Lok Restaurants (2000) has regained profitability, posting net earnings of about S$800,000 for the six months ended March 31, with government reliefs and its cost-control measures helping it reve...

Tung Lok unit renews Orchard Central lease for one year

Tung Lok unit renews Orchard Central lease for one year

TUNG Lok Xihe Restaurant (TLXH), a 60 per cent owned subsidiary of Catalist-listed Tung Lok Restaurants, has renewed the lease of its tenancy agreement in Orchard Central for a year, Tung Lok Restaura...

STI up 0.4% ahead of ECB policy meeting

STI up 0.4% ahead of ECB policy meeting

Index gains 12.37 points to 3,356.25 with some 1.8 billion shares worth S$1.1 billion traded

Tung Lok's full-year net profit down 30.9%

Tung Lok's full-year net profit down 30.9%

TUNG Lok Restaurants on Monday evening posted a 30.9 per cent dip in net profit for the full year ended March 31, 2017 (FY2017), dragged down by a fall in revenue.