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Jumbo's rapid expansion may have caused 3Q earnings miss but growth thesis stays intact

Samantha Chiew
Samantha Chiew • 3 min read
Jumbo's rapid expansion may have caused 3Q earnings miss but growth thesis stays intact
SINGAPORE (Aug 13): Jumbo Seafood restaurants serve up Singaporean-style Chinese seafood cuisine that is popular with locals and tourists alike.
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SINGAPORE (Aug 13): Jumbo Seafood restaurants serve up Singaporean-style Chinese seafood cuisine that is popular with locals and tourists alike.

But instead of having them travel all the way to the republic to enjoy chilli crab and drunken prawns, Jumbo has gone to Bangkok, Fuzhou, Ho Chi Minh, Taipei, Taichung and Seoul, bringing the total number of restaurants across Asia to 18.

Apart from managing its signature Jumbo Seafood brand, Jumbo also has Ng Ah Sio Bak Kut Teh, Chui Huay Lim Teochew Cuisine, Zui Yu Xuan Teochew Cuisine and Chao Ting Teochew Pao Fan under its belt. It also operates one Tsui Wah Hong Kong-style “Cha Chaan Teng” in Singapore as a franchisee and manages one Singapore Seafood Republic outlet.

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