Food Innovators turns profitable one year after Catalist debut
[SINGAPORE] Restaurant operator Food Innovators announced on Wednesday (Oct 15) that it turned profitable for its first half of 2026 ended August, a year after its debut on the Catalist board in October 2024.
For its H1 FY2026, it posted a profit of S$206,000 compared with a loss around S$1 million for the year-ago period. This translated to an earnings per share of S$0.0018, against a loss per share of S$0.0106 for H1 FY2025.
The company, which focuses on Japanese cuisines across Asia, attributed the improvement to growth in its core business.
Its revenue for the six month period stood at S$23.8 million, a 10.5 per cent increase from S$21.6 million in the previous corresponding period.
The counter closed on Wednesday S$0.009 or 4.5 per cent down at S$0.191, before the news.