Jumbo group posted
Jumbo has 12 outlets, 6 in Singapore with the latest addition in Ion Orchard, 4 in Shanghai, 1 in Beijing and 1 in
Jumbo also own Singaporean culinary heritage dishes Ng Ah Sio Bak Kut Teh. There are 4 outlets in Singapore and 1 in Taipei.
Jumbo net revenue have climbed up steadily year after year. $97.6 mil in FY13 to $153 mil in FY18 around 67% increase. Fun fact, Jumbo sells more than 1.8 tonnes of crab each day. Assuming one crab is 1.5kg, Jumbo sold more than 1200 crabs per day.
Jumbo net profit $95 mil in FY18 an increase of 5.5% from FY17 $145 mil. The employee benefits have seen a significant increase of 13.7% to $47 mil. Averaging per employee receive a yearly salary of $39,586. This makes me wonder if Jumbo overpaying their staffs.
Profit for the year also
Jumbo is currently trading at high valuation price. P/E Ratio 22.8% and P/B 3.90. Jumbo IPO at $0.25 and