SINGAPORE (May 9): Food court operator Koufu on Monday announced that its 1Q19 earnings have increased by 12.3% y-o-y to $7.0 million, on the back of a 4.9% y-o-y growth in revenue to $57.8 million. This was mainly driven by contributions from new outlets and overall growth in existing outlets. See...

THE following companies saw new developments that may affect trading of their shares on Tuesday:

SINGAPORE (May 6): Food court operator Koufu Group has announced 12.3% higher 1Q19 earnings of $7 million from $6.2 million a year ago, due to higher contributions from across its business segments. Revenue for the quarter grew 4.9% to $57.8 million from $55.1 million in 1Q18 as Koufu’s business ...

HIGHER contributions due to new outlets opened boosted Koufu Group's first-quarter top and bottom line.

SINGAPORE (April 9): UOB Kay Hian is maintaining its “buy” call on Koufu Group with an unchanged target price of 95 cents while highlighting Koufu as a potential beneficiary from the upcoming expansion of Marina Bay Sands (MBS), where the group operates an existing food court. See: This F&B...

BROKERAGES UOB Kay Hian and Lim & Tan Securities have both initiated coverage on Koufu Group with "buy" calls due to the food court operator's growth prospects. Lim & Tan Securities has a target price of S$0.85, while UOB Kay Hian - more bullish in its assessment - ha...

SINGAPORE (Mar 8): UOB Kay Hian is initiating coverage on Koufu Group at “buy” with a target price of 95 cents, which implies a 41.8% upside to its last close of 67 cents. The move comes on UOB’s belief that the counter is deeply undervalued based on 18.1 times FY19F P/E, and pegged to a 10% ...

FOOD court operator Koufu Group lifted its fourth-quarter net profit by 3.7 per cent on higher sales, the group said on Tuesday.

SINGAPORE (Feb 26): Koufu Group, the operator and manager of food courts and coffeeshops, reported a 3.7% rise in 4Q18 earnings to $7.5 million from a year ago. This brings FY18 earnings to $24.5 million, 8.8% lower than a year ago, although full-year revenue came in at a record $223.8 million on s...

FOOD court operator Koufu lifted its fourth-quarter net profit by 3.7 per cent on higher sales, the group said on Tuesday.