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K2 F&B HOLDINGS LIMITED(02108.HK)

K2 F&B HOLDINGS LIMITED(02108.HK)

長雄證券 ·  Feb 22, 2019 00:00  · Researches

K2 FairB is a Singapore restaurant with more than 15 years of experience in Singapore Food Center and Food Street. At present, the services of the bazaar are divided into (1) restaurant retail services and (2) shop management and rental services. On 12 February 2019, the fair operated and managed a total of 13 restaurants under the shop management and rental service, that is, 12 food centres (including nine cold food centres and three cold food centres) and one food market. Its food court is rented from an independent third party and includes four restaurant snack kiosks, three of which are operated by the restaurant retail service. For the ten months ended 31 October 2018, the revenue of the Management Group was mainly generated from restaurant retail services, but its profits were mainly generated from shop management and rental services.

Thank you very much.

The gourmet centres and food streets are strategically located in various parts of Singapore

The collection restaurant operates a wide range of food files under the restaurant retail service, and there are a large number of waiting restaurants and major rentals.

Integrated and active service model and multiple revenue sources

Negative factor

Collect data from the server during the business cycle.

Collect people who are well-known and rich, and must abide by labor and immigration laws and policies governing the use of foreign workers

The market may be affected by an outbreak of any food-related disease or by the spread of any infectious or fatal disease and a shortage of related supplies.

The purpose of the income

About 69.0% is used as equipment for 150 South Bridge Road, 101 Yishun and future food centers.

About 5.1% is used for the renovation of the existing food center.

About 5.7% is used for upgrading information technology infrastructure and systems.

About 10.1% is used to repay some outstanding bank loans.

About 10.1% is used for general financial assistance.

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