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“The first quarter has been very bad for the F&B industry, and Cafe de Coral will not be the only one issuing a profit warning,” said Stanley Chan, director of research at Emperor Securities.
Cafe de Coral, Fairwood and Maxim’s provided seven to 14 pieces of plastic per takeaway meal, adding up to about 100 million disposable items a year, a Greenpeace study released on Thursday said.