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Neo Group sets events catering record again

Neo Group Limited announced that it has broken the events catering record again. This was on the first day of the Lunar New Year. Neo Group successfully catered to 1,189 events which had a total of 31,475 guests. Over the full Lunar New Year period of 16 days, Neo Group served a total of 133,157 guests. This record was made possible by its significantly increased kitchen capacity at its new premise at Enterprise Road. The new kitchen was fully operational in Jan 2015. The record was officially recognised by the Singapore Book of Records. Separately, a study by Euromoniter International in Dec 2014 ranked Neo Group as the top events caterer in Singapore with a market share of 10%.

GET TO THE POINT : Perspective is interesting here. Is 10% market share a small lead? From another perspective, the 10% figure shows that there are huge growth prospects for Neo Group given that it is one of the few or only to operate a kitchen of industrial scale and setup.

(Picture from Neo Group Limited)

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