to S$10.6 million on the back of lower fair-value gains from investments, and weaker contributions from joint ventures. Earnings per share for the quarter ended June 30 was 1.3 Singapore cents, down from 2.4 cents for the same period a year ago. Revenue for the quarter rose 85.4 per cent to S$55.9 million, although cost of revenue also surged 74.6 per cent to S$51.7 million. The counter closed at 96.5 Singapore cents on Tuesday, down 0.5 per cent, or 0.5 cent before its results announcement.
with effect from Dec 31, 2019. The 49-year-old is quitting for"personal and health reasons", the mainboard-listed food and beverage operator said in a bourse filing on Wednesday morning. Upon Mr Chu’s departure, BreadTalk’s group executive chairman, George Quek Meng Tong, will undertake the roles and responsibilities of the group CEO. His resignation comes almost two weeks after BreadTalk reported a plunge in its second-quarter net profit amid mounting costs.
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