Chiang Kok Kin Joe has been appointed CFO wef Aug 24
Work experience: Director, corporate development, Fish & Co Group Pte Ltd
Posts Tagged ‘lifebrandz’
Lifebrandz – Corporate moves
September 1st, 2010 |
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Lifebrandz narrows 3Q losses to $0.5m
June 11th, 2010 |
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Lifebrandz, the operator of night clubs and pubs, says it narrowed its losses to $0.51 million in the third quarter ended 30 April (3QFY2010) from $2.05 million in 3QFY2009.
Revenue increased to $7.34 million from $6.60 million while net margins improved from to –7% to –31% in the same period.
Lifebrandz says business was briskier in March and April compared to the traditionally quieter month of February with patronage of well-known establishments including Mulligan’s Irish Bar, Borgata Trattoria Osteria, Zirca, Rebel and Yello Jello encouraging.
Since the abolishment of service charges at its outlets to maintain their competitiveness, net miscellaneoug gains have declined, coming in at $0.16 million in 3QFY2010.
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LifeBrandz opens second Mulligan’s Irish pub in Resorts World Sentosa
June 9th, 2010 |
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LifeBrandz has opened its second Mulligan’s Irish pub and restaurant at Resorts World Sentosa.
This follows the success of its first Mulligan’s outlet at The Cannery in Clarke Quay, says LifeBrandz in an SGX statement.
The pub and nightclub operator also announced it will open a beach-front bar in Pattaya, Thailand, next month, marking its first venture overseas.
Lifebrandz to open flagship Mulligan’s at Resorts World at Sentosa in late May
March 15th, 2010 |
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Lifebrandz, the operator of entertainment and nightlife outlets, will open its flagship Mulligan’s in Resorts World at Sentosa at The Forum in late May, making this the group’s 11th outlet.
LifeBrandz posts smaller $170,000 loss for quarter
March 11th, 2010 |
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LifeBrandz, the operator of night clubs and pubs, says losses attributable to equity holders of the company for the quarter ended 31 January 2010 narrowed to $0.17 million from $1.1 million for the same period a year ago. Revenue declined 1% to $8.193 million from the same quarter last year.
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Lifebrandz posts net profit of $15,000 for Q1, reversing losses
December 11th, 2009 |
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Club operator Lifebrandz has posted first quarter net profit of $15,000, reversing a $992,000 loss in the same period last year.
Sales were $8.4 million for the three months to Oct 31, falling 1% from last year.
Lifebrandz said its new operations, Mulligan’s Irish Bar and Borgata Trattoria Osteria, have done well since opening in September.
It says it was cautiously optimistic of the outlook in coming months and is looking at chances to upgrade its facilities while managing its costs.
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