In tandem with its improved earnings, Japan Foods’ earnings per share in 1HFY2023 rose to 1.34 Singapore cents per share compared to a loss per share of 0.94 Singapore cents in 1HFY2022.
In line with the relaxation of Covid-19 restrictions and the reopening of the economy, Japan Foods Holding is seeing a significant improvement in its 1HFY2023 ended September results.
For one, its has reversed back into profitability with earnings of $2.3 million, compared to a loss of $1.6 million in the same period a year ago.
