Companies To Watch: Shrinking investors' appetite for Tung Lok
If you’re a huge fan of authentic Chinese cuisine, you probably would’ve heard of Tung Lok group and their chain of restaurants! From Singapore-style seafood to the iconic peking duck, it’s no surprise that the group has come to be one of the go-to spots for Chinese food lovers. But unfortunately, that alone isn’t enough to shield it from Singapore’s F&B slump. Join Dan Koh and Emaad Akhtar as they digest Tung Lok’s latest quarterly earnings report and figure what headwinds from a subdued economic outlook and softer consumer sentiment would mean for the group.See omnystudio.com/listener for privacy information.