Puff sales lift earnings of Old Chang Kee
Published on May 29, 2014 8:25 PM
SINGAPORE - Curry puff maker Old Chang Kee has cooked up a storm, with a 20.8 per cent jump in net profit to $6 million.
Revenue for the year ended March 31 rose by 5 per cent to $68.9 million.
Revenue from the retail division increased by 5.9 per cent to $67.8 million, mainly due to contributions from new outlets as well as higher receipts from the existing outlets, offset by closure of outlets.
Revenue from other services such as delivery and catering services slumped by 31.9 per cent to $1.1 million.
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