Group size limitations and work-from-home arrangements have impacted traffic to our restaurants significantly, with outlets in CBD and office areas remaining more affected.How has COVID-19 affected RE&S operating conditions and what measures have been put in place to mitigate the impact? Revenue contribution from the QSR segment has been increasing steadily from 29.6% in FY2019 to 39.9% of total revenue in FY2021.Д¤. Year-on-year, the groupвЂ™s strategy to expand its brand presence in the QSR segment is gaining traction. The GroupвЂ™s business operations are located primarily in Singapore.How Is the GroupвЂ™s Revenue Split Across Business Segments? QSR offers several advantages, including reduced labour reliance, increased speed of serving customers and a highly scalable business model that allows us to grow rapidly and operate efficiently with higher margins.ДЈ. Since our listing in 2017, we have been growing the QSR segment by expanding existing brands and creating new brands.All new brands and RE&S concepts are committed to deliver quality, value and a sincere level of service that is intrinsic to Japanese hospitality. RE&S manages over 70 outlets with 20 brands spanning across a broad spectrum of Japanese dining experiences вЂ“ from fine-dining and family restaurants to food kiosks and retail outlets.Could You Elaborate on RE&SвЂ™s Brand Portfolio? In addition, the GroupвЂ™s continued strategy to expand its presence in the Quick Service Restaurant, Convenience and Others (QSR) segment yielded positive results with improved profitability.Дў. While footfall to our outlets in FY2021 continued to be affected by the pandemic measures, the GroupвЂ™s swift onboarding of multiple brands to major delivery platforms led to an increase in delivery sales.

FY2020 was particularly challenging for the Group as the year was impacted by major store renovations and COVID-19. This represents an 8.8% Net Profit Before Tax (NPBT) margin, which contrasts with the -5.1% in FY2020, and the 3.8% in FY2019. FY2021 saw a turnaround in the GroupвЂ™s performance with a $10.9m profit before tax.Describe RE&SвЂ™s Financial Performance Over the Past Few Years. It has a network of over 70 F&B outlets, a corporate headquarters at Tai Seng which houses the corporate office and central kitchen, and a procurement office in Japan. Its portfolio comprises over 20 distinct brands ranging from fine dining to family-style and convenience restaurants. RE&S is a multi-concept owner and operator of food and beverage outlets in Singapore and Malaysia that provides customers with authentic Japanese cuisine and dining experiences.

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