Restaurants

Results

BreadTalk reports 52.4% higher earnings of $1.7 mil on higher revenue

Singapore (May 7): BreadTalk Group has announce earnings of $1.7 million for 1Q19, up 52.4% from $1.1 million in earnings a year ago on higher revenue.

Dine in

Fresh start

SINGAPORE (Jan 14): From menu revamps and relocations to novel dining concepts, these seasoned chefs are turning the page to a new chapter.

Food & Beverage

Jumbo opens first Singapore mall-based restaurant outlet at ION Orchard

SINGAPORE (Dec 12): Jumbo Group today opened its sixth Jumbo Seafood outlet in ION Orchard, Singapore, bringing its total number of Jumbo Seafood branded restaurants across Asia to 17.

Broker's Calls

Japan Foods' proposed JV is good news, but industry headwinds persist: RHB

SINGAPORE (Dec 10): RHB Research is maintaining “neutral” on Japan Foods with a target price of 48 cents, post the announcement of the group’s 50:50 joint venture (JV) with Minor Singapore.

Broker's Calls

BreadTalk seen less appetising after a weak 3Q; RHB slashes earnings estimates

SINGAPORE (Nov 7): RHB Research is maintaining its “sell” call on BreadTalk Group with a lower target price of 75 cents from $1 previously, after cutting FY18-20 forward earnings estimates by about 30% per annum to factor in the gestation of new busin

Dine in

Seafood treat

SINGAPORE (Oct 8): Eighteen years ago, as university students in Australia, Melvin Yeo and Elaine Lim (main image, right) had an unforgettable experience at Claypots St Kilda. The seafood bar, founded by Turkish-born Australian Renan Goksin, was the first

Dine in

Vatos Urban Tacos chef-owner Sid Kim brings new dishes exclusive to Singapore outlet

SINGAPORE (Oct 2): The Singapore outlet of Korean-Mexican fusion restaurant chain, Vatos Urban Tacos, recently underwent menu revamp from chef and co-founder Sid Kim; one that added an entirely new lineup of novel creations to the already-extensive list o

Results

Katrina posts 97% lower 1H earnings on higher costs and outlet closures, says approaching 'critical mass'

SINGAPORE (Aug 14): Katrina Group announced earnings of $11,000 for the 1H ended June, down 96.7% from $0.3 million in 1H17 earnings a year ago due to higher costs and the closure of non-performing outlets .

Broker's Calls

Jumbo started at 'add' for strong brand equity & regional growth prospects

SINGAPORE (June 25): CGS-CIMB Securities is initiating coverage on Jumbo Group with an “add” recommendation and target price of 62 cents, which is based on 23 times CY19F earnings, below its regional peer average of 24.7 times against a three-year EPS
×