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RE&S earnings down 19.1% to $7.65 mil in FY2023 in absence of Covid-19 grants

Bryan Wu
Bryan Wu • 3 min read
RE&S earnings down 19.1% to $7.65 mil in FY2023 in absence of Covid-19 grants
The company behind the Mister Donut chain has declared a dividend of 1.8 cents for its full-year period. Photo: Bloomberg
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Japanese multi-brand food and beverage operator RE&S Holdings (SGX:1G1) has reported earnings of $7.65 million in its FY2023 ended June 30, 19.1% lower compared to FY2022.

The full-year y-o-y drop comes as RE&S reported earnings of just $2.09 million for its 2HFY2023 period, a 65.3% slump compared to the $6.02 million reported in the previous corresponding period.

The company reported earnings of $5.55 million in its 1HFY2023 ended December last year, which conversely came in 61.7% higher compared to its 1HFY2022.

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