AC1104: Briefly introduce the assigned company Tung Lok Restaurants (2000) Ltd and its core business activities:ACCOUNTING II Report, NTU, Singapore

Individual Written Assignment (IWA)

Obtain a copy of the latest annual report of Tung Lok Restaurants (2000) Ltd (the Company) from www.sgx.com and complete the following requirements.

Required:
(i) Briefly introduce the assigned company and its core business activities.
(ii) Describe any two relevant macroeconomic factors that are likely to increase the risks of doing business for the company. Elaborate on how the financial year 2021/2022’s financial conditions and performance of the company have been affected by these factors.

(iii) Discuss the implications of (ii) above for any two different stakeholders of the company.

(iv) Suggest any measure the company should consider taking that may alleviate the concerns of one of your chosen stakeholders in (iii) above. Describe how.