Nanofilm Technologies International Price target: UOB Kay Hian ‘sell’ $1.92 Further downgrade on weak results UOB Kay Hian analyst John Cheong downgraded his call on Nanofilm Technologies International to “sell” on Nov 22. The analyst’s downgrade comes just weeks after Nov 4 when he first...

RHB Group Research analyst Shekhar Jaiswal has reiterated his “buy” call for Japan Foods Holdings with an increased target price (TP) of 60 cents from 55 cents previously.In his report dated Nov 18, Jaiswal highlights that the easing of Covid-19 measures since early-2022 was an inflection point ...

In line with the relaxation of Covid-19 restrictions and the reopening of the economy, Japan Foods Holding is seeing a significant improvement in its 1HFY2023 ended September results.For one, its has reversed back into profitability with earnings of $2.3 million, compared to a loss of $1.6 million i...

JAPAN Foods Holdings recorded a net profit of S$2.3 million for the first six months of FY2023, reversing its net loss of S$1.6 million recorded in the equivalent period a year ago due to a significant increase in revenue. 

JAPAN Foods clarified that its unit Japan Foods Enterprises (JFE) and not the whole group is temporarily prohibited by the authorities from applying or renewing employees’ work passes and that it was not told details of any potential breach.

THE following companies saw new developments that may affect trading of their securities on Wednesday (Oct 5):

Japan Foods Holding announced on Oct 4 that the Ministry of Manpower (MOM) is investigating a subsidiary of the group, Japan Foods Enterprises (JFE) under the Employment of Foreign Manpower Act 1990 of Singapore. The company says the investigation relates to certain past hiring and payroll practices...

JAPAN Foods Holding’s subsidiary, Japan Foods Enterprises (JFE), is suspended from applying for and renewing work passes as the Ministry of Manpower (MOM) has launched an investigation into its hiring and payroll practices involving foreigners.

DESPITE domestic and international restrictions during the Covid-19 pandemic, Singapore restaurant operator Japan Foods Holding turned a profit and stayed debt-free – and even expanded its store count — with the help of a lucrative foray into the halal dining segment.

THE following companies saw new developments that may affect trading of their securities on Thursday (Jul 21):

RESTAURANT operator Japan Foods on Thursday (Jul 21) reported net profit of S$1.4 million for the first quarter ended Jun 30, reversing from its previous year’s loss of S$1.2 million on a surge in revenue.

Japan Foods Holdings has reported net profit of $1.4 million for the 1QFY2023 ended June, reversing from the net loss of $1.2 million in the same period the year before.The Catalist-listed group operates a chain of restaurants in Singapore, which includes Ajisen Ramen, Kazokutei, New ManLee Bak Kut ...

THE following companies saw new developments that may affect trading of their securities on Thursday (Jul 21):

The provider of manufacturing services for consumer gadgets Valuetronics Holdings has been steadily buying back its own shares. The most recent transaction was on July 12 for the acquisition of 80,000 shares on the open market at 52.5 cents each. This brings the cumulative number of shares acquired ...

Oversea-Chinese Banking Corporation Price target: CGS-CIMB Research ‘add’ $14.20 Net interest margins expected to expand CGS-CIMB Research has maintained its “add” recommendation on Oversea-Chinese Banking Corporation (OCBC) with no changes to the target price of $14.20.Despite the macroeco...