Super Group posts flat 3Q earnings of $7.4 mil

SINGAPORE (Dec 6): Super Group, the 3-in-1 coffee manufacturer, posted 3Q16 earnings of $7.4 million, which was relatively unchanged from a year ago.

Revenue for the quarter fell 1% to $119.5 million from $121 million in 3Q15 on lower food ingredients sales, partially offset by higher branded consumer sales.

Food ingredients sales decreased by 5% to $40 million due mainly to lower sales into the Southeast Asia markets, primarily Indonesia and the Philippines.

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