Shares & Derivatives
SGX Stock Update: Super Q1 Net Profit Grew 24%
By SG Wealth Builder  •  May 28, 2013
Super Group Ltd is a stock which I like very much and has been tracking for several years now. The company is a leading instant F&B with market dominance in SE Asia. It manufactures and distributes branded consumer products, primarily instant coffee, instant cereals and instant tea mixes products, for which it maintains top market positions in key markets throughout SE Asia. 1Q13 Results Net profit increased 24% YoY to S$22.9m from S$18.5m Sales up 9% YoY to S$132.4m from S$121.6m Earnings per share up 25% to 3.97 cents In line with the strategy of focusing on the Group’s core business, the Company entered into a conditional sale and purchase agreement in May 2013 to dispose its 35.3% interest in Sun Resources Holdings Pte Ltd, an associated company engaging in property development. The total consideration amounted to $26m and will result in a gain ......
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By SG Wealth Builder
Welcome to SG Wealth Builder! My name is Gerald and I hope that you find this blog useful in your wealth building journey. The motto of this blog is “to make money, to build wealth and to preserve wealth” ...
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