On back of broad-based revenue growth.
BreadTalk Group reported that its net profit grew 10.9% year-on-year to $2m in the first quarter, on back of revenue growth across all segments.
Revenue in its bakery division grew 11.3%, while its food atrium division gained 7.8%.
Revenue in its restaurant division grew 13.2%, while other income grew 29.5% due mainly to receipts under the Singapore’s Wage Credit Scheme.
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