That aside, the company has spent the past few years acquiring or developing complementary earnings stream, such as the manufacturing of foodstuff.
SINGAPORE (Feb 12): Neo Group Limited has reported that earnings for its 3QFY2020 ended Dec 31 2019 doubled to $3.5 million. Revenue, in the same period, increased by 2.7% y-o-y to $50.8 million, as the company generated growth in its core catering business.
Besides catering for company functions, Neo Group has generated “sturdy demand” providing food on a recurring basis to childcare and eldercare markets. The “tingkat” (home deliver) segment contributed to the growth too.
