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THE following companies saw new developments that may affect trading of their shares on Wednesday:

PROFITS for food and beverage company Koufu Group dived 82 per cent to S$2.54 million for the six months ended June 30, as the Covid-19 pandemic took a big bite out of its earnings when Singapore's circuit-breaker measures kicked in.

PROFITS for food and beverage company Koufu Group dived 82 per cent to S$2.54 million for the six months ended June 30, as the Covid-19 pandemic took a big bite out of its earnings when Singapore’s circuit-breaker measures kicked in.

Koufu saw a large chunk of its 1H20 earnings bitten off due to the impact of the Covid-19 outbreak. Earnings came in at $2.5 million, some 82.0% lower than $14.1 million recorded in 1H19. This was while revenue dipped by 23.2% to $89.0 million from $115.9 million a year ago. Revenue contribution fro...

PROFITS for food and beverage company Koufu Group dived 84.3 per cent to S$2.23 million for the six months ended June 30, as the Covid-19 pandemic took a big bite out of its earnings when Singapore’s circuit-breaker measures kicked in.

PHILLIPCAPITAL on Wednesday initiated coverage on Koufu Group with a "buy" recommendation and a target price of 80 Singapore cents.

PHILLIPCAPITAL on Wednesday initiated coverage on Koufu Group with a "buy" recommendation and a target price of S$0.80.

PhillipCapital is initiating a “buy” call on food court operator Koufu with a target price of 80 cents. In an Aug 5 report, analyst Terence Chua views Koufu as best in class with a defensive business model and superior growth profile from their overseas expansion plans and the expansion of their...

Amid 2Q20 earnings season, CGS-CIMB Research analysts Lim Siew Khee and Jeremy Ng have identified consumer goods, tech, and REITs as outperforming sectors for the month of July, while sectors such as consumer services, property, and oil & gas (O&G) underperformed. In a report dated July...