Singapore’s Big Winner for the Week: BreadTalk Group Limited

One of the bigger winners in the stock market this week is BreadTalk Group Limited  (SGX: 5DA). The food and beverage outfit rose 2.1% since last Friday to close at S$1.45 yesterday. This is better than the Straits Times Index’s (SGX: ^STI) 0.6% gain during the same period.

BreadTalk was established in 2000 in Singapore and ever since, it has expanded to over 15 countries with a global staff strength of 7000 employees. Its brand portfolio consists of BreadTalkToast BoxFood Republic, Din Tai FungThe Icing RoomBread Society, RamenPlayThye Moh Chan and Carl’s Jr.

On 10 June 2015, the company announced that its Group Chief Financial Officer, Yeo Kiaw Yeow Lawrence, will be stepping down from the role he has helmed since November 2011 to “pursue other career opportunities.”

Chan Ying Jian has taken over as the new Group Chief Financial Controller as of 10 June 2015; immediately prior to his new appointment, Chan was the Financial Controller of BreadTalk’s Food Atrium business division.

For its fiscal first-quarter ended 31 March 2015, Breadtalk’s revenue had managed an 8.6% year over year increase on the back of broad-based sales growth across all its divisions. But, an inability to control its costs resulted in a 10.9% dip in profit for the quarter to S$2 million.

Breadtalk’s currently trading at 33 times its historical earnings.

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The information provided is for general information purposes only and is not intended to be personalised investment or financial advice. Motley Fool Singapore contributor Sudhan P doesn’t own shares in any companies mentioned.