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Sakae's Q1 net loss widens to S$831,000 on streamlining of operations

Vivienne Tay

Published Fri, Nov 15, 2019 · 09:50 PM

Singapore

SUSHI restaurant operator Sakae Holdings said its first-quarter net loss widened to S$831,000 from S$366,000 a year earlier, as a result of the group streamlining its operations.

Sakae, which is on the Singapore Exchange's (SGX) watch-list, saw its loss per share rise to 0.6 Singapore cent for the quarter from 0.35 cent previously.

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