Koufu Group

Broker's Calls

Take a bite out of these 4 consumer stocks this year: DBS

Retail sales in Singapore saw an overall drop in 2019, but the F&B and online components of retail sales saw some growth.

Deals, joint ventures & alliances

Koufu enters into another JV for Indonesian expansion after first JV failed to take off

SINGAPORE (Dec 18): Koufu Group announced that its subsidiary, Super Tea, has entered into a joint venture with PT Berkah Cipta Adirasa to develop, establish, manage and operate the Supertea and R&B Tea brans in Indonesia.

Investing ideas

New outlet openings to feed Koufu's hunger for earnings

SINGAPORE (Nov 5): DBS Group Research is staying positive on Koufu Group, on the back of a flurry of new store openings which has driven earnings growth.


Will BreadTalk's $80 mil acquisition of Food Junction be too hard to swallow?

SINGAPORE (Sept 3): BreadTalk Group is licking its chops at the acquisition of Food Junction Management, which would make BreadTalk the third-largest foodcourt operator in Singapore behind NTUC Enterprise and Koufu.

Investing ideas

Koufu is one smooth operator of bubble teashops and foodcourts

SINGAPORE (Aug 20): Koufu Group is one of the few stocks bucking the lacklustre performance trend among F&B plays in the April to June quarter.

Investing ideas

Higher costs bite F&B earnings; overall pie growing, but shift towards lower end seen

SINGAPORE (Aug 19): In this latest earnings season, most of the local F&B stocks suffered huge losses. While revenue for most have increased, operating costs rose by a bigger quantum, causing a drag in earnings.


Koufu reports 16.2% increase in 2Q19 earnings to $7.2 mil on higher revenue

SINGAPORE (Aug 7): Food court operator Koufu Group posted 2Q19 earnings of $7.2 million, up 16.2% from $6.2 million in the same quarter last year on the back of higher contributions across business segments.

Deals, joint ventures & alliances

Koufu in JV to expand Super Tea and R&B Tea brands into Indonesia

SINGAPORE (July 4): Koufu Group, the operator of food courts, is expanding its Supertea and R&B Tea brands into Indonesia through a joint venture company and expects to open up to 30 outlets by the end of the year.

Investing ideas

Koufu boosted by Rasapura revamp, new stores and food court switch

SINGAPORE (July 4): Koufu Group, the operator of 50 or so food courts and coffeeshops, was the most profitable listed F&B play in FY18 with net profit of $24.5 million.

Broker's Calls

New outlet openings to boost Koufu's growth

SINGAPORE (May 9): Food court operator Koufu on Monday announced that its 1Q19 earnings have increased by 12.3% y-o-y to $7.0 million, on the back of a 4.9% y-o-y growth in revenue to $57.8 million.