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Katrina Group is back in the black in FY2022 with earnings of $3.46 mil

Samantha Chiew
Samantha Chiew • 2 min read
Katrina Group is back in the black in FY2022 with earnings of $3.46 mil
Katrina Group is back in the black for FY2022.
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F&B restaurant operator Katrina Group (SGX:1A0) announced earnings of $3.46 million in FY2022 ended Dec 31, 2022, compared to a loss of $214,000 in FY2021.

This comes on the back of a 19.8% y-o-y increase in revenue to $64.4 million from $53.8 million a year ago.

Revenue for the group’s F&B business increased by 15.5% y-o-y to $47.3 million, mainly attributed to the increase in number of dine-in customers and the lifting of Covid-19 restrictions for dine-in sales.

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