Food Empire Likely to Benefit From Its Vietnam Operation, Facilities -- Market Talk

Dow Jones

09/16

0202 GMT - Food Empire Holdings is likely to benefit further from its Vietnam operation and facilities, Maybank's Jarick Seet says in a report. Its Vietnam operation is on track to deliver an estimated US$100 million revenue in 2025 and has become the third-largest instant coffee player in Vietnam. Management also plans to increase production capacity at its facilities in Vietnam by 15% in 2026 via automation and by another 30% in 2027, the analyst notes. Moreover, the Singapore-listed food and beverage group plans product innovations for revenue growth in new segments, which the analyst is optimistic about. Maybank Research raises the stock's target price to S$2.92 from S$2.62 with an unchanged buy rating. Shares are 0.4% higher at S$2.63. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

September 15, 2025 22:02 ET (02:02 GMT)

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Its Vietnam operation is on track to deliver an estimated US$100 million revenue in 2025 and has become the third-largest instant coffee player in Vietnam. Management also plans to increase production capacity at its facilities in Vietnam by 15% in 2026 via automation and by another 30% in 2027, the analyst notes. Moreover, the Singapore-listed food and beverage group plans product innovations for revenue growth in new segments, which the analyst is optimistic about. Maybank Research raises the stock's target price to S$2.92 from S$2.62 with an unchanged buy rating. Shares are 0.4% higher at S$2.63. 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Its Vietnam operation is on track to deliver an estimated US$100 million revenue in 2025 and has become the third-largest instant coffee player in Vietnam. Management also plans to increase production capacity at its facilities in Vietnam by 15% in 2026 via automation and by another 30% in 2027, the analyst notes. Moreover, the Singapore-listed food and beverage group plans product innovations for revenue growth in new segments, which the analyst is optimistic about. Maybank Research raises the stock's target price to S$2.92 from S$2.62 with an unchanged buy rating. Shares are 0.4% higher at S$2.63. 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Its Vietnam operation is on track to deliver an estimated US$100 million revenue in 2025 and has become the third-largest instant coffee player in Vietnam. Management also plans to increase production capacity at its facilities in Vietnam by 15% in 2026 via automation and by another 30% in 2027, the analyst notes. Moreover, the Singapore-listed food and beverage group plans product innovations for revenue growth in new segments, which the analyst is optimistic about. Maybank Research raises the stock's target price to S$2.92 from S$2.62 with an unchanged buy rating. Shares are 0.4% higher at S$2.63. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"F03.SI":"富旺朝","BK6509":"食品和饮料股","BK6114":"包装食品与肉类"},"translate_title":"食品帝国可能会从其越南业务和设施中受益——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"F03.SI":0.9},"content_text":"0202 GMT - Food Empire Holdings is likely to benefit further from its Vietnam operation and facilities, Maybank's Jarick Seet says in a report. Its Vietnam operation is on track to deliver an estimated US$100 million revenue in 2025 and has become the third-largest instant coffee player in Vietnam. Management also plans to increase production capacity at its facilities in Vietnam by 15% in 2026 via automation and by another 30% in 2027, the analyst notes. Moreover, the Singapore-listed food and beverage group plans product innovations for revenue growth in new segments, which the analyst is optimistic about. Maybank Research raises the stock's target price to S$2.92 from S$2.62 with an unchanged buy rating. Shares are 0.4% higher at S$2.63. (ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  September 15, 2025 22:02 ET (02:02 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}