Super Group posts 7% fall in 2Q earnings

SINGAPORE (Aug 11): Super Group posted a 7% fall in 2Q16 earnings to $9.8 million from $10.5 million a year ago in 2Q15.

For the half year period, earnings fell 11% to $21.4 million and revenue fell 5% to $234.4 million.

In the quarter to June, revenue fell 8% to $115 million, as sales in its branded consumer goods fell 8% to $75 million and sales in food ingredients fell 12% to $40 million.

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