Snack Empire Holdings Logs Lower Attributable Profit for Six Months to September

MT Newswires Live

Nov 29, 2024

Snack Empire Holdings (HKG:1843) recorded a profit attributable to owners of the parent of SG$207,000 for the six months ended Sept. 30, lower than SG$445,000 logged for the corresponding period last year, a Friday filing with the Hong Kong Exchange said.

Earnings per share attributable to equity holders stood at SG$0.0008 for the reporting period, compared with SG$0.0004 recorded for the year-ago period.

The food and beverage company's revenue for the six months under review was SG$14.5 million, 17.3% higher than SG$12.4 million booked a year ago.

The company attributed the increase in revenue to an increase in retail and delivery sales in Singapore and Malaysia.

The company's shares surged nearly 6% on Friday's close.

Price (HKD): $0.15, Change: $+0.0080, Percent Change: +5.80%

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