Revenue for Jumbo’s Singapore operations grew by 12.6% y-o-y to $167.1 million while revenue from Jumbo’s Chinese operations fell by 27.6% y-o-y to $18.9 million during the year.
Jumbo Group has reported earnings of $13.7 million for the FY2024 ended Sept 30, 1% lower y-o-y. The food and beverage (F&B) group reported 2HFY2024 earnings of $4.75 million, 32.6% lower y-o-y.
Revenue for the FY2024, however, stood at a record of $190.4 million, 6.5% higher y-o-y, mainly due to the recovery of businesses, social events and tourism in Singapore and offset by weaker revenue from China.
