Home Capital Investing ideas

Singapore's F&B sector in sweet spot to exploit hottest growth opportunities

Samantha Chiew
Samantha Chiew9/15/2019 10:00 PM GMT+08  • 3 min read
Singapore's F&B sector in sweet spot to exploit hottest growth opportunities
SINGAPORE (Sept 11): In the latest earnings season, the majority of local F&B firms reported huge losses. But, despite the overall lacklustre performance, market watchers remain positive on the sector.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

SINGAPORE (Sept 11): In the latest earnings season, the majority of local F&B firms reported huge losses. But, despite the overall lacklustre performance, market watchers remain positive on the sector.

BreadTalk, Jumbo, Neo Group, Japan Foods Holding and Kimly were among those that saw their earnings dragged down by higher operating costs, which overshadowed increases in revenue.

Meanwhile, others found themselves starved of revenue and saw a corresponding decline in earnings. These include Soup Restaurant and No Signboard, which fell into a loss of $1.4 million in 3Q19 compared to earnings of $0.8 million a year ago.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now