Revenue increased by 26.2% y-o-y to $19.0 million, due to higher revenue from the group’s operation of restaurants segment. The segment's higher revenue, in turn, increased on the back of higher revenue from its existing outlets. In addition, the higher revenue came from a low base as dining-in restrictions and additional safe-management measures affected the group’s sales in the 1HFY2021.
Soup Holdings, formerly Soup Restaurant Group, has reported earnings of $1.1 million in the 1HFY2022 ended June, over six times more than the earnings of $172,000 in the same period the year before.
Earnings per share (EPS) increased by 550% y-o-y to 0.39 cents on a fully diluted basis, from 0.06 cents in the 1HFY2021.
