Food Empire Holdings reported a 37.0 per cent year-on-year rise in normalised net profit after tax to a record US$68.6 million for the year ended 31 Dec 2025, driven by stronger sales across core markets and sustained brand investment.

Normalised basic earnings per share climbed to 12.55 US cents from 9.45 US cents a year earlier. The board declared a final dividend of 5.0 Singapore cents and a special dividend of 4.0 cents per share, bringing the full-year payout to a record 12.0 cents after an interim dividend of 3.0 cents already paid.

Group revenue crossed the half-billion-dollar mark for the first time, rising 21.1 per cent year-on-year to US$576.9 million. Normalised EBITDA jumped 45.0 per cent to US$113.5 million, breaching the US$100 million threshold.

Russia remained the largest contributor, with revenue up 34.8 per cent to US$191.0 million, supported by higher volumes, broader product representation and a stronger rouble. Central Asia posted the next-best performance, adding 25.6 per cent to US$102.0 million on robust sales in Kazakhstan and the consolidation of Tea House LLP. South-East Asia revenue increased 14.3 per cent to US$147.8 million, underpinned by Vietnam. South Asia rose 15.7 per cent to US$71.0 million, while Europe gained 7.6 per cent to US$48.6 million.

Reported earnings were affected by a non-cash fair-value loss of US$32.6 million on redeemable exchangeable notes; excluding this item, management said underlying performance reached an all-time high.

During the year, the group completed a coffee-mix plant in Kazakhstan and expanded its snack factory in Malaysia, both scheduled to start production in the first half of 2026. It is also enlarging its spray-dried coffee facility in South India (completion targeted in 2027) and constructing a freeze-dried coffee plant in Vietnam (2028).

Chief executive Sudeep Nair attributed the record results to years of disciplined brand building, a strategic pivot to Asia and ongoing investment in vertically integrated capacity. He noted that the enlarged war chest—bolstered by a S$41.8 million share placement in September—positions the company to pursue further growth while remaining alert to geopolitical and climate-related risks.

Looking ahead, Food Empire plans to step up market-specific promotional campaigns to enhance customer loyalty and accelerate volume growth, while closely monitoring macroeconomic conditions and raw-material price trends.