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Food Empire Holdings
Broker's Calls
CGSI ups Food Empire’s TP to $1.53 with Vietnam ‘likely to shine’ in FY2024 results
Food Empire is expected to release its FY2024 results on Feb 26.
16 hours ago
Broker's Calls
Brokers’ Digest: SGX, UOB, Marco Polo Marine, Pan-United Corp, Food Empire, PLife REIT, Wilmar
See what the analysts have to say this week.
a day ago
Broker's Calls
CGSI resumes coverage of Food Empire with lower TP of $1.43
Analyst William Tng's valuation basis remains unchanged at 11.2 times FY2025 P/E or 1 standard deviation (s.d.) above its five-year mean from FY2019 to FY2023.
8 days ago
Results
Food Empire reports 11.4% y-o-y growth in 3QFY2024 group revenue to US$118.9 mil
For the 9MFY2024, the group’s revenue saw a 12.8% y-o-y increase to US$344.3 million.
November 11, 2024
Food & Beverage
Food Empire to invest US$80 mil in new Vietnam freeze-dried soluble coffee manufacturing facility
The facility marks the group’s second manufacturing facility for freeze-dried soluble coffee.
September 11, 2024
Broker's Calls
Brokers' Digest: Food Empire Holdings, Seatrium, Civmec
See what the analysts have to say this week.
September 05, 2024
Broker's Calls
UOB Kay Hian downgrades Food Empire to ‘hold’ with lower TP after near-term headwinds
The analysts have also lowered their dividend forecast to 5 cents per share as they no longer expect special dividends for the FY.
September 04, 2024
Broker's Calls
KGI cheers Food Empire’s higher capacity and continued growth despite headwinds
Food Empire continues to reap the benefits of its brand-building efforts in Vietnam.
August 23, 2024
Deals, joint ventures & alliances
Food Empire to receive US$40 mil capital injection from Ikhlas Capital
The capital injection is expected to drive capital expenditure and mergers and acquisitions in Southeast Asia and South Asia.
August 21, 2024
Results
Food Empire reports 11.3% decline in 1HFY2024 earnings of US$23.6 mil
Total revenue rose by 13.6% y-o-y to US$225.2 million for the period.
August 12, 2024