Food variety, frequent new menu launches make for yummy profit at Sakae Holdings
Sakae Holdings' first half net profit grew by 37.7 per cent to $3.2 million.
Revenue for the six months ended June 30 was up 8.4 per cent to $51.7 million.
Same store sales increased 4 per cent. The group saw overall improvement in financial performance due to its continuous innovation and creation of high quality products, expansion in variety of food offerings, as well as introduction of frequent new menu launches.
Earnings per share firmed to 2.25 cents from 1.61 cents previously while net asset value per share increased to 27.65 cents compared to 26.72 cents as at Dec 31.