food and beverage

FOOD & BEVERAGE

Players in highly competitive industry expand footprint to match consumer trends

SINGAPORE (Dec 20): It perhaps comes as no surprise that companies are constantly racing for consumer dollars as they jostle each other in the highly competitive F&B industry.

Results

Del Monte back in the black with $3.5 million in 3Q19 earnings on higher margins

SINGAPORE (Mar 8): Del Monte Pacific has announced a net profit of US$2.6 million ($3.5 million) for the 3Q ended Jan, turning around from the US$38.4 million loss a year ago due to improved margin

Joint ventures and alliances

Japan Foods announces regional expansion in partnership with Minor Singapore

SINGAPORE (Dec 8): Japan Foods Holding has inked a memorandum of understanding (MoU) with Minor Singapore to expand the geographical reach of their respective brands by franchising and operating th

Lifebrandz incorporates new sushi restaurant subsidiary to be led by Kenjiro 'Hatch' Hashida

SINGAPORE (June 21): Lifebrandz has incorporated a new wholly owned subsidiary, Cloud Eight, for $0.1 million in its move to enter high-end sushi restaurant market.

Malaysia

F&N Bhd targets RM800 mil export sales in overseas push

(May 4): Fraser & Neave Holdings Bhd (F&NHB) is expanding its export market by targeting more countries in the Middle East and South Asia to mitigate the impact of a challenging Malaysian m

Results

Yeo Hiap Seng posts 21.4% decline in FY16 earnings to $29 mil

SINGAPORE (Feb 28): Yeo Hiap Seng reported FY16 earnings of $29 million, down 21.4% from FY15 a year ago.

Results

Yeo Hiap Seng’s earnings double in 2Q

SINGAPORE (July 27): Yeo Hiap Seng earnings for 2Q ended June doubled to $8.1 million from $4 million due to higher profit from its F&B division.

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