Revenue for the nine-month period increased by 30.1% y-o-y to $98.1 million mainly due to contributions from the group’s hospitality segment on the back of the continued travel recovery.
Far East Orchard has reported a net profit of $7.0 million for the 9MFY2022 ended Sept 30, reversing from the $20.8 million net loss in the 9MFY2021.
The higher net profit was attributable to the recovery of the hospitality sector, says the group.
