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Kitchen Culture remains in the red with $6.4 mil loss for FP17

Michelle Zhu
Michelle Zhu • 2 min read
Kitchen Culture remains in the red with $6.4 mil loss for FP17
SINGAPORE (Aug 30): Kitchen Culture, the distributor of high-end kitchen systems, announced a loss of $6.4 million for the full 18 months ended June compared to a loss of $5.3 million in FY15 ended Dec.
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SINGAPORE (Aug 30): Kitchen Culture, the distributor of high-end kitchen systems, announced a loss of $6.4 million for the full 18 months ended June compared to a loss of $5.3 million in FY15 ended Dec.

The company last year announced a change of financial year end from Dec 31 to June 30.

As such, its latest results announcement covers the 18 months from Jan 1 2016 to June 30 2017 (FP17), where the lower bottomline resulted mainly from lower gross profit margin and a rise in expenses.

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