Business
Review of Select group’s first half 2014 financial report – The F&B business in Singapore
By SG Young Investment  •  August 25, 2014
Business operations Select group is in the F&B industry in Singapore. They own several restaurants such as the Peach Garden chain of restaurants, Texas Chicken fast food outlets, several catering businesses such as Stamford catering, Hong Kong Sheng Kee deserts, super tree dining at gardens by the bay and also the recent Chinatown food street etc. The business that generates the bulk of their profits is their Peach garden chain of restaurants.
Credits: www.peachgardencatering.com.sg
Financial performance During the financial result last year, Select group faced some headwinds due a small loss from its Texas chicken outlets. However, there may be some interesting developments in future days ahead. In the first half of 2014, both revenue and gross profit increased by 10.5% and 6% respectively as compared to 1st half of 2013. The final net profit increased by 53.7% due to a 1 Million government grant. ......
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By SG Young Investment
I'm in my late 20s now and living in a small island city called Singapore. I started this blog in June 2013. My background is in Engineering. Later on, I went on to pursue a degree and graduated with a Bachelor of Economics ...
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