Jumbo Group Limited

Results

Jumbo reports $8.2 mil loss for FY2020 due to Covid-19 restrictions

This translates to a loss per share of 1.3 cents for the FY2020 compared to earnings per share (EPS) of 1.8 cents in FY2019.
Jumbo to acquire 75% stake in Kok Kee Wanton Noodle for $2.1 mil - THE EDGE SINGAPORE

M&A

Jumbo to acquire 75% stake in Kok Kee Wanton Noodle for $2.1 mil

Kok Kee Wanton Noodle is known for its springy noodles and special lard-based sauce among Singaporeans.

F&B sector

Jumbo to focus on local customers while waiting for return of tourists

Jumbo focuses on feeding local's appetites while waiting for hungry tourists to come back

Imperium Crown shareholder Wee, Hanwell director Tang raise stakes in respective firms

Insider moves for Issue 952 (week of Sept 28): Imperium Crown, Hanwell Holdings and Jumbo Group

Broker's Calls

Phase 2 to benefit F&B players at expense of grocery retailers: analysts

SINGAPORE (June 17): As Singapore is expected to enter Phase 2 of the reopening of its economy on June 19, F&B players are poised to benefit from the increase in traffic flow, according to analysts.

Broker's Calls

This stock has lost its flavour

Analysts have lost their appetite for Jumbo

Results

Jumbo Group suffers 71.5% earnings drop

CEO Ang: The last few months were the most challenging periods in Jumbo's 33-year history

Results

Jumbo expects 'significant decline' in 1HFY2020 profits as Covid-19 restrictions batter operations

Restaurant chain operator Jumbo Group is expecting to report a “significantly lower profit after tax” for 1HFY2020 largely due to Covid-19.

Broker's Calls

926 Brokers' Digest

Here are four stocks to watch for the week: Dairy Farm International, Bumitama Agri, Golden Agri Resources and Jumbo Group
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