Food Empire's stock is soaring 5.53% in pre-market trading on Thursday, following the release of its impressive third-quarter financial results. The Singapore-based food and beverage company's strong performance, particularly in its European markets, has sparked investor enthusiasm.

For the third quarter ended September 30, Food Empire reported a significant 28.3% year-on-year increase in revenue, reaching US$152.6 million. The company attributed this robust growth to strong performances across its segments in Europe, with notable contributions from Russia, Ukraine, Kazakhstan, and the Commonwealth of Independent States (CIS).

Breaking down the geographic performance, Food Empire's revenue from Russia in Q3 surged by an impressive 48.8% compared to the same period last year. Similarly, the combined revenue from Ukraine, Kazakhstan, and CIS markets rose by 39.2% year-on-year. These results underscore the company's successful expansion and market penetration strategies in Eastern Europe and Central Asia, despite the challenging geopolitical environment.