The group also declared an interim dividend of 0.5 cents, half of what was declared in 1H19.
Analysts still have a strong appetite for food court operator Koufu despite its latest lacklustre 1H20 results and expect it to bounce back up from its less-than-stellar performance.
Koufu saw 1H20 earnings dip by 82% y-o-y to $2.5 million, while revenue fell by 23% y-o-y to $89.0 million.
