Food Empire's Vietnam Operations Show Substantial Improvement -- Market Talk

Dow Jones
09/19

0204 GMT - Food Empire Holdings' Vietnam operations show substantial improvement compared to two years ago, UOB Kay Hian analysts say, citing their visit to the Vietnam site. The brokerage observed notable improvements in operating efficiency and capacity. The food and beverage company plans to further enhance operating efficiency at its Vietnam operations by 30% over the next 12 months through more automation, the analysts say in a note. Growth will be supported by the launches of two ready-to-drink products in 2026, continued innovation across instant beverages and a deepened presence in traditional retail channels. The brokerage raises the stock's target price to S$3.00 from S$2.73, with an unchanged buy rating. Shares are 2.3% higher at S$2.72. (ronnie.harui@wsj.com)

 

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September 18, 2025 22:04 ET (02:04 GMT)

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