The announcement of the financial results for the full year ended 31 March 2014, the Board of Directors of Tung Lok Restaurants (2000) Ltd. deems it appropriate to issue profit guidance. Based on the preliminary figures, the company and its subsidiaries expect to report a loss for fiscal year 2014 mainly due to the following reasons: rising operating costs (including food, manpower and rental); and lower than expected revenue of outlets opened during the current and previous financial year which are still within gestation period and require more time to build up a sustainable revenue base.
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5-day change | 1st Jan Change | ||
0.105 SGD | +5.00% | +11.70% | -11.76% |
Apr. 22 | Tung Lok Restaurants Unit Signs Lease Agreement for The Clan Hotel | MT |
Feb. 29 | Tung Lok Restaurants' Finance Chief to Step Down in March | MT |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-11.76% | 21.35M | |
-17.85% | 89.34B | |
+3.49% | 48.18B | |
-10.16% | 17.62B | |
-14.32% | 13.58B | |
+27.24% | 13.2B | |
+92.95% | 9.45B | |
-14.91% | 5.96B | |
-8.51% | 4.43B | |
+10.38% | 3.71B |
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- Tung Lok Restaurants Ltd Provides Group Earnings Guidance for the Full Year Ended March 31, 2014