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BreadTalk posts 43% rise in FY09 net profit to $11m

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BreadTalk Group, the F&B group, has posted a 42.8% rise in net profit to $11.1 million financial year ended 31 December 2009 (FY2009) compared to $7.8 million in FY08.

Group revenue rose 16.1% to $246.5 million supported by growth across all business segments.

In 4Q, group revenue grew 5.4% to $68.2 million supported by growth across the bakery (+1.7%), restaurant (+23.5%) and food court (+3.6%) business segments, and across Singapore (+17.2%), and Hong Kong (+11.3%) geographical segments. Profit before tax for 4Q09 fell 26.8% to $3.9 million compared to 4Q 2008.

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