Core Yeo’s F&B sales fell by 7.6% to $140.5 million, mainly due to earlier Chinese New Year shipment recognised in the prior calendar year and lower Hari Raya Sales in view of subdued consumer demand.
Yeo Hiap Seng has reported lower earnings for the 1HFY2025 ended June 30, down 50.9% y-o-y to $1.58 million.
The group reported a 10.1% y-o-y lower revenue for 1HFY2025 of $148.6 million, and gross profit came in 13.7% y-o-y lower at $46.7 million.
