0156 GMT - Food Empire's lower Southeast Asia segment revenue this year isn't due to a structural issue, but rather a strategic shift towards profitability over top-line growth, says DBS Group Research's Zheng Feng Chee in a note. The Singapore-listed instant coffee maker's 2Q Southeast Asia revenue was softer due to its still-scaling Malaysia business, the analyst notes. The company's strong market position suggests this is an appropriate time for Food Empire to prioritize margins, he says, although the segment's sustainability and profitability should still be closely monitored.He trims his 2026-2027 earnings forecasts by 2%-3%. DBS maintains its buy rating and target price of 3.05 Singapore dollars. Shares are up 0.4% at S$2.39.