Tung Lok Restaurants to Book Net Loss for Fiscal Half of 2025

MT Newswires

2024/10/28

Tung Lok Restaurants (SGX:540) is forecasting a net loss for the six months ended Sept. 30, compared to a net profit for six months ended Sept. 30, 2023, a filing with the Singapore Exchange said on Friday.

The seafood restaurant operator has attributed this to a decrease in revenue due to challenging economic environment.

The company is expected to disclose its financial figures on or before Nov. 14.

Price (SGD): S$5808.12, Change: S$-1.7, Percent Change: -0.03%

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