Food Empire Holdings

Sector Focus

F&B players pivot to suit local flavour but still hungry for foreign consumers

The worst may be over for the F&B industry but the path to normalisation will still take a long time.

Broker's Calls

Broker's Digest: ST Engineering, Food Empire, China Aviation Oil, Hutchison Port Holdings Trust

Dive deeper into these analysts' insights for these counters.
Food Empire 'attractive target for privatisation or acquisition': RHB - THE EDGE SINGAPORE

Broker's Calls

Food Empire 'attractive target for privatisation or acquisition': RHB

RHB Group Research analyst Jarick Seet has kept “buy” on Food Empire with the same target price of $1.23.
Cortina dominates sector awards; Challenger Technologies and Food Empire hold their own - THE EDGE SINGAPORE

Billion Dollar Club 2021

Cortina dominates sector awards; Challenger Technologies and Food Empire hold their own

Cortina dominates sector awards; Challenger and Food Empire hold their own.

Broker's Calls

UOB Kay Hian lowers FY2021 earnings forecast for Food Empire Holdings on lower gross margin forecast

UOB Kay Hian analysts John Cheong and Clement Ho have kept “buy” on Food Empire Holdings with an unchanged target price of $1.30.
RHB lowers Food Empire's TP to $1.23 on higher cost of goods sold - THE EDGE SINGAPORE

Broker's Calls

RHB lowers Food Empire's TP to $1.23 on higher cost of goods sold

Food Empire's higher revenue is a “strong showing by historical standards”, says RHB.
'Buy' Food Empire on brighter outlook ahead: RHB - THE EDGE SINGAPORE

Broker's Calls

'Buy' Food Empire on brighter outlook ahead: RHB

RHB expects Food Empire to report stronger revenue growth and margin improvement for the rest of FY21.
'Buy' Food Empire on potential increase in ASPs, possibility of privatisation: RHB - THE EDGE SINGAPORE

Broker's Calls

'Buy' Food Empire on potential increase in ASPs, possibility of privatisation: RHB

1QFY2021 is likely to be Food Empire’s weakest quarter for 2021, even though it yielded numbers that outperformed RHB's estimates.
Food Empire reports earnings of US$6.8 mil for 1QFY21 - THE EDGE SINGAPORE

Results

Food Empire reports earnings of US$6.8 mil for 1QFY21

The company suffered from lower forex losses but got to bear higher freight and raw material costs
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