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Higher sales drove BreadTalk’s profit up 10% to $2.9m in Q2
Growth was also boosted by one-offs.
BreadTalk reported that its net profit grew 10% to $2.9m in the second quarter, driven by higher sales across all its business segments.
The group’s profit growth was also boosted by one-time write-offs related to the closure of two stores in China
Despite its good results, BreadTalk cautioned that its operations in Mainland China remain challenging.
The group declared a one-tier tax-exempt interim dividend of 0.5 cent per share for the first half, which will be paid on 4 September 2015.
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