BreadTalk's Q4 net profit soars 41.5% to $5.9 million amid labour crunch challenges
BreadTalk's earnings for the three months to Dec 31 jumped 41.5 per cent to $5.9 million, while revenue climbed 22.8 per cent to $147.1 million up from a year earlier.
The bakery chain's full-year net profit did just as well, growing by 39.9 per cent to $14.9 million as turnover rose 19.9 per cent to $536.5 million.
BreadTalk's topline was boosted by better performances across its bakery, food atrium and restaurant divisions, said the company on Tuesday. Restaurant chains such as Din Tai Fung and Ramen Play fall under the firm's charge.
Full-year earnings per share stood at 4.83 cents, up from 4.27 cents a year earlier, while net asset value per share was 33.4 cents as of Dec 31 last year, up from 29.4 cents.