Jumbo Group Limited

Food & Beverage

Jumbo opens three new F&B outlets in Singapore

SINGAPORE (April 12): Jumbo Group has opened three new restaurants in a move to expand in Singapore, with a new Jumbo Seafood outlet at Jewel Changi Airport as well as two new concepts at Far East Square, all of which were launched today.

Food & Beverage

Jumbo opens three new F&B outlets in Singapore

SINGAPORE (April 12): Jumbo Group has opened three new restaurants in a move to expand in Singapore, with a new Jumbo Seafood outlet at Jewel Changi Airport as well as two new concepts at Far East Square, all of which were launched today.

Broker's Calls

Jumbo seeks domestic and overseas growth

SINGAPORE (Mar 15): Jumbo is planning to anchor growth in the domestic market through new outlet openings and new F&B concepts while riding on brand equity to expand overseas footprints.

Budget 2019

Winners and losers from Singapore's budget as election looms

SINGAPORE (Feb 19): Singapore Finance Minister Heng Swee Keat boosted health-care and military spending, gave tax rebates to citizens and tightened rules on foreign workers ahead of an election that could come as early as this year.

Broker's Calls

UOB will turn positive on Jumbo once new outlets start to show profitability

SINGAPORE (Feb 18): UOB Kay Hian is maintaining its “hold” call on Jumbo Group with a target price of 41 cents, following the group’s 1Q19 results announcement.

Broker's Calls

UOB will turn positive on Jumbo once new outlets start to show profitability

SINGAPORE (Feb 18): UOB Kay Hian is maintaining its “hold” call on Jumbo Group with a target price of 41 cents, following the group’s 1Q19 results announcement.

Deals, joint ventures & alliances

Jumbo Seafood expands to South Korea with 50:50 JV; first restaurant to open by 3Q19

SINGAPORE (Feb 18): Jumbo Group is bringing its Jumbo Seafood line of seafood restaurants to South Korea via a 50:50 joint venture (JV) between its indirect wholly-owned subsidiary, Jumbo F&B Services, with TCI Inc.

Deals, joint ventures & alliances

Jumbo Seafood expands to South Korea with 50:50 JV; first restaurant to open by 3Q19

SINGAPORE (Feb 18): Jumbo Group is bringing its Jumbo Seafood line of seafood restaurants to South Korea via a 50:50 joint venture (JV) between its indirect wholly-owned subsidiary, Jumbo F&B Services, with TCI Inc.

Broker's Calls

Jumbo still a wholesome 'buy' despite China business risks: CGS-CIMB

SINGAPORE (Feb 15): CGS-CIMB Research is maintaining its “add” call on Jumbo Group while lowering its target price to 52 cents from 54 cents previously to reflect 2-3% lower FY20-21F EPS on the account of weaker China operations.

Results

Jumbo reports 15.7% rise in 1Q earnings to $2.4 mil

SINGAPORE (Feb 13): Jumbo Group reported a 15.7% rise in 1Q19 earnings ended Dec to $2.4 million from a year ago on lower share of loss of associates.
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