Large blue-chip stocks tend to be the focus of investors because their long-established track records are expected to result in positive performances. But who says small and mid-cap stocks cannot do well too? According to UOB KayHian, 40% of the companies under its small-mid cap coverage that report...

Rising optimism in the market may buoy the consumer sector in the coming quarters, though rising unemployment and overall economic toll from Covid-19 still remain causes for concern, say RHB in an August 28 note. RHB analyst Juliana Cai is maintaining “neutral” on the consumer cyclical and non-c...

RHB Group Research is keeping its “buy” call on Food Empire with a target price of 75 cents as the stock turned out to be more resilient than expected amid the Covid-19 pandemic. In its latest 1H20 results, the group recorded earnings of US$13.4 million, just 1.1% higher than the previous year. ...

SINGAPORE (June 9): The Russian RUB has appreciated some 15% against the USD over the last two months amid oil price improvements and RHB Group Research analyst Juliana Cai believes that this a positive for instant coffee manufacturer and distributor Food Empire. The Russia market contributes to abo...

SINGAPORE (May 15): RHB Group Research’s analyst Juliana Cai is reiterating her “buy” recommendation on Food Empire with a target price of 75 cents from 88 cents previously. On May 11, Food Empire released its business update, which saw net profit after tax fall some 13.3% to US$6.6 million f...

SINGAPORE (May 12): Food Empire Holdings has announced first quarter earnings of US$6.6 million (S$9.3 million), down 13.3% from the US$7.8 million a year ago. Group revenue grew 5% y-o-y to US$74.2 million, as compared to US$70.7 million previously. The higher revenue was contributed by higher sal...

SINGAPORE-LISTED Food Empire Holdings had spent close to three decades building its 3-in-1 instant coffee mix business in far-flung emerging markets like Russia, Kazakhstan and Ukraine.

FOOD Empire Holdings on Monday reported an 83.6 per cent jump in net profit to about US$5 million for the fourth quarter ended Dec 31, 2019.

FOOD Empire Holdings on Monday reported an 83.6 per cent jump in net profit to about US$5 million for the fourth quarter ended Dec 31, 2019.

SINGAPORE (Feb 5): UOB Kay Hian is initiating coverage on instant coffee manufacturer Food Empire Holdings with a “buy” recommendation and a target price of 89 cents – representing a potential upside of close to 35%. “At current prices, the stock trades at an attractive valuation at 9.2 tim...