Gross profit increased by 54.7% y-o-y to $49.4 million in line with the increase in revenue.
Japan Foods Holding (SGX:5OI
) has reported a net profit of $3.2 million in the 9MFY2023 ended Dec 31, 2023, a 94.5% surge compared to the net profit of $1.7 million in the same period the year before.
Revenue for the period increased by 54.1% y-o-y to $58.4 million due to the group’s Halal segment and the lifting of Covid-19 restrictions on social gatherings including dining in.
