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Provider: Reuters Investment Profile
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Kitchen Culture Holdings Ltd Issues FY 2012 Guidance


Friday, 8 Feb 2013 04:18am EST 

Kitchen Culture Holdings Ltd announced that the Company is expected to record a net loss for fiscal year 2012 due to losses arising from its newly started joint venture entity in Hong Kong and losses arising from its wholly-owned subsidiary in Malaysia due to a decrease in retail revenue as a result of the general slowdown and uncertainties in the global economy, coupled with higher selling and distribution expenses. The Group's operations in Singapore are expected to remain profitable in fiscal year 2012, despite general market conditions continuing to be challenging. 

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0.25
0.015 +6.38%
26 Aug 2014