albert77
2021-11-25
oH No
Jumbo FY2021 net loss widens to S$11.8m amid Covid-19 restrictions
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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJumbo FY2021 net loss widens to S$11.8m amid Covid-19 restrictions\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-25 08:42 GMT+8 <a href=https://www.businesstimes.com.sg/companies-markets/jumbo-fy2021-net-loss-widens-to-s118m-amid-covid-19-restrictions><strong>businesstimes</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SEAFOOD restaurant operator Jumbo Group saw its net loss widen to S$11.8 million for its full year ended Sep 30, 2021, from S$7.8 million a year ago.\nThis was mainly due to the challenging operating ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/jumbo-fy2021-net-loss-widens-to-s118m-amid-covid-19-restrictions\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"42R.SI":"珍宝餐饮集团"},"source_url":"https://www.businesstimes.com.sg/companies-markets/jumbo-fy2021-net-loss-widens-to-s118m-amid-covid-19-restrictions","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154066141","content_text":"SEAFOOD restaurant operator Jumbo Group saw its net loss widen to S$11.8 million for its full year ended Sep 30, 2021, from S$7.8 million a year ago.\nThis was mainly due to the challenging operating environment amid Covid-19 restrictions, particularly in Singapore, Jumbo's biggest market, the group said in a bourse filing on Nov 24.\nLoss per share stood at 1.8 Singapore cents for the full-year period, from 1.3 cents a year ago.\nRevenue for FY2021 fell 16.2 per cent to S$81.8 million, from S$97.6 million a year ago. Jumbo noted that for FY2020, it still had pre-Covid-19 revenue and profitability to mitigate its financial performance.\nNo dividend was declared for the full year, unchanged from a year ago.\nAs the group continued to incur losses due to the challenging operating environment, Jumbo said it was conserving liquidity to support working capital requirements, and carefully assessing growth investments and developments.\nMeanwhile, for the second half ended Sep 30, net loss narrowed to S$7.5 million, from S$10.3 million a year ago. Revenue for H2 rose 17.8 per cent to S$36.4 million, from S$30.9 million a year ago.\nGroup chief executive and executive director Ang Kiam Meng noted that Jumbo is \"hardly out of the woods yet\" from the Covid-19 pandemic.\nHowever, he said the group will continue to explore means to drive new revenue streams and stay relevant with the market. \"Backed by our healthy balance sheet, we are confident to ride through this uncertainty,\" he added.\nShares of Jumbo closed flat at S$0.305 on Nov 24.","news_type":1},"isVote":1,"tweetType":1,"viewCount":273,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":4,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/874587976"}
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