2HFY2022 revenue increased by 4.9% y-o-y to $176.8 million mainly due to higher growth from the group’s business in Malaysia. Yeo’s core food and beverage (F&B) revenue grew by 1.5% y-o-y to $152.5 million.
Yeo Hiap Seng (Yeo’s) (SGX:Y03
) has reported earnings of $1.2 million for the 2HFY2022 ended Dec 31, 2022, reversing from the loss of $1.7 million in the corresponding period the year before.
For the FY2022, Yeo’s earnings stood at $2.4 million, reversing from the loss of $2.9 million the year before.
