- An improvement in the Russia-Ukraine war deal could lift sentiment for Food Empire, especially given the scarcity of Russia-Ukraine proxies in SGX.
Russia-Ukrainian war deal.
- - Read this at SGinvestors.io -
- An improvement in the talks towards a ceasefire would is expected to be positive for Food Empire (SGX:F03), supporting demand recovery in both Russia and Ukraine, which are key markets of Food Empire.
Strong ongoing share buybacks.
- - Read this at SGinvestors.io -
- Looking ahead, these share buyback efforts are likely to continue supporting Food Empire's share price upside in the near term.
Positive earnings translation from Russian ruble.
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