4
JUMBO GROUP LIMITED
CEO & Executive Chairman’s
Statement
Dear Shareholders,
The Board of Directors is pleased to present Jumbo Group
Limited’s (the “Company” and together with its subsidiaries
and subsidiary entities, the “Group”) first Annual Report for
the financial year ended 30 September 2015 (“FY2015”)
since our successful listing on the Catalist of the SGX-ST on
9 November 2015.
Despite poor market sentiments, we were able to garner
interest from top tier institutional investors, sophisticated
individual investors and the general investing public for
our initial public offering (“IPO”). We would like to take this
opportunity to thank all shareholders for their confidence in
us and their tremendous support for our IPO.
Financial Highlights
The Group reported an increase in revenue of approximately
9.2% or $10.4 million, from $112.4 million in the financial
year ended 30 September 2014 (“FY2014”) to $122.8
million in FY2015. This increase was attributable to full
year contributions from new local outlets which began
operations towards the end of FY2014. The Group also
registered increased revenue contributions from our Jumbo
Seafood (Riverside) and Jumbo Seafood Gallery outlets,
mainly due to an increase in the number of customers as
well as an increase in average spending per customer. The
Group’s revenue was further boosted by a full year revenue
contribution from our first Jumbo Seafood outlet in Shanghai,
the People’s Republic of China (the “PRC”), which commenced
operations in November 2013. However, the Group reported
a net profit after tax of $13.3 million for FY2015, which
represented a dip of approximately 3.3%, or almost
$0.5 million, from a net profit after tax of $13.8 million
recorded in FY2014. This decrease was primarily due to
professional and listing fees of approximately $1.0 million
incurred in relation to the Group’s recent IPO.
Awards and Accolades
Our continuing efforts to strive for higher efficiency,
productivity and excellent service have resulted in us winning
top awards and accolades. Among others, we were recently
awarded the Productivity Award (2015), People Excellence
Award (2015),HRMAwards – SME Employer of theYear (2015),
Enterprise 50 Award – 2
nd
place (2015), and Influential
Brands Award – Top Brand for Seafood Category (2015).
We are also thoroughly honoured, yet humbled, to be listed
as one of the 50 iconic places to visit in Singapore on
TripAdvisor’s Singapore50 list.
Mr. Ang Kiam Meng
CEO & Executive Chairman
