Neo Group’s net profit jumped 15.7% to $7.4m
Thanks to its food catering business.
Integrated food and catering solutions provider, Neo Group Limited today reported that its net profit grew 15.7% to $7.4m in the 14-month period ended March 31.
The growth was led by a 47.1% growth in its Food Catering business revenue to $57.4 million, coupled with a 51.6% rise in the Food Retail segment revenue.
The group proposed a final cash dividend of 2.56 S cents for the 14-month period.