Food Empire Likely Benefiting From Revenue Diversification Strategy -- Market Talk

Dow Jones

May 15

0329 GMT - Food Empire Holdings is likely benefiting from its revenue diversification strategy, Maybank Research's Jarick Seet says in a research report. The food and beverage group's 1Q results show its revenue from Southeast Asia exceeds Russia's, validating this strategy, the analyst says. The Singapore-listed company's growth in Asia is expected to be strong, supported by a robust pipeline of capacity-expansion projects that are being implemented in the region. Maybank lifts its 2025 and 2026 forecasts for the company's profit after tax and minority interests by 18% and 23%, respectively. It raises the stock's target price to S$2.00 from S$1.19 with an unchanged buy rating. Shares are 0.6% lower at S$1.69. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

May 14, 2025 23:29 ET (03:29 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

LOGIN / SIGN UP

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2535856481"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2535856481\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2535856481?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-05-15 11:29","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2535856481","market":"hk","top_or_hot":-1,"title":"Food Empire Likely Benefiting From Revenue Diversification Strategy -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0329 GMT - Food Empire Holdings is likely benefiting from its revenue diversification strategy, Maybank Research's Jarick Seet says in a research report. The food and beverage group's 1Q results show its revenue from Southeast Asia exceeds Russia's, validating this strategy, the analyst says. The Singapore-listed company's growth in Asia is expected to be strong, supported by a robust pipeline of capacity-expansion projects that are being implemented in the region. Maybank lifts its 2025 and 2026 forecasts for the company's profit after tax and minority interests by 18% and 23%, respectively. It raises the stock's target price to S$2.00 from S$1.19 with an unchanged buy rating. Shares are 0.6% lower at S$1.69. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 14, 2025 23:29 ET (03:29 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Food Empire Likely Benefiting From Revenue Diversification Strategy -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFood Empire Likely Benefiting From Revenue Diversification Strategy -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-05-15 11:29</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0329 GMT - Food Empire Holdings is likely benefiting from its revenue diversification strategy, Maybank Research's Jarick Seet says in a research report. The food and beverage group's 1Q results show its revenue from Southeast Asia exceeds Russia's, validating this strategy, the analyst says. The Singapore-listed company's growth in Asia is expected to be strong, supported by a robust pipeline of capacity-expansion projects that are being implemented in the region. Maybank lifts its 2025 and 2026 forecasts for the company's profit after tax and minority interests by 18% and 23%, respectively. It raises the stock's target price to S$2.00 from S$1.19 with an unchanged buy rating. Shares are 0.6% lower at S$1.69. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 14, 2025 23:29 ET (03:29 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"F03.SI","symbol_name":"富旺朝","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2535856481","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2535856481","pubTimestamp":1747279740,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0329 GMT - Food Empire Holdings is likely benefiting from its revenue diversification strategy, Maybank Research's Jarick Seet says in a research report. The food and beverage group's 1Q results show its revenue from Southeast Asia exceeds Russia's, validating this strategy, the analyst says. The Singapore-listed company's growth in Asia is expected to be strong, supported by a robust pipeline of capacity-expansion projects that are being implemented in the region. Maybank lifts its 2025 and 2026 forecasts for the company's profit after tax and minority interests by 18% and 23%, respectively. It raises the stock's target price to S$2.00 from S$1.19 with an unchanged buy rating. Shares are 0.6% lower at S$1.69. ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"F03.SI":"富旺朝"},"translate_title":"食品帝国可能受益于收入多元化战略——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"F03.SI":0.9},"content_text":"0329 GMT - Food Empire Holdings is likely benefiting from its revenue diversification strategy, Maybank Research's Jarick Seet says in a research report. The food and beverage group's 1Q results show its revenue from Southeast Asia exceeds Russia's, validating this strategy, the analyst says. The Singapore-listed company's growth in Asia is expected to be strong, supported by a robust pipeline of capacity-expansion projects that are being implemented in the region. Maybank lifts its 2025 and 2026 forecasts for the company's profit after tax and minority interests by 18% and 23%, respectively. It raises the stock's target price to S$2.00 from S$1.19 with an unchanged buy rating. Shares are 0.6% lower at S$1.69. (ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 14, 2025 23:29 ET (03:29 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"}}}