Food Empire's Earnings May Stay Resilient -- Market Talk

Dow Jones

May 14, 2025

0527 GMT - Food Empire Holdings' earnings may stay resilient given that its branded products are attractively priced consumer staples, CGS International's William Tng says in a research report. Management is cautiously optimistic of sustaining topline performance due to ongoing investments in brand building and market leadership position of its brands, the analyst notes. Management has also guided that it doesn't expect the Singapore-listed company to be significantly impacted by the U.S.' new tariffs, as the U.S. isn't a major market. The brokerage lifts the 2026 price-to-earnings multiple for Food Empire to 13.4X from 11.2X, and raises the stock's target price to S$1.95 from S$1.71 with an unchanged add rating. Shares are 9.15% higher at S$1.67. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

May 14, 2025 01:27 ET (05:27 GMT)

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Management is cautiously optimistic of sustaining topline performance due to ongoing investments in brand building and market leadership position of its brands, the analyst notes. Management has also guided that it doesn't expect the Singapore-listed company to be significantly impacted by the U.S.' new tariffs, as the U.S. isn't a major market. The brokerage lifts the 2026 price-to-earnings multiple for Food Empire to 13.4X from 11.2X, and raises the stock's target price to S$1.95 from S$1.71 with an unchanged add rating. Shares are 9.15% higher at S$1.67. (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 01:27 ET (05:27 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's Earnings May Stay Resilient -- 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's Earnings May Stay Resilient -- 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\">2025-05-14 13:27</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0527 GMT - Food Empire Holdings' earnings may stay resilient given that its branded products are attractively priced consumer staples, CGS International's William Tng says in a research report. Management is cautiously optimistic of sustaining topline performance due to ongoing investments in brand building and market leadership position of its brands, the analyst notes. Management has also guided that it doesn't expect the Singapore-listed company to be significantly impacted by the U.S.' new tariffs, as the U.S. isn't a major market. The brokerage lifts the 2026 price-to-earnings multiple for Food Empire to 13.4X from 11.2X, and raises the stock's target price to S$1.95 from S$1.71 with an unchanged add rating. Shares are 9.15% higher at S$1.67. (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 01:27 ET (05:27 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":"2535990067","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2535990067","pubTimestamp":1747200420,"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":"0527 GMT - Food Empire Holdings' earnings may stay resilient given that its branded products are attractively priced consumer staples, CGS International's William Tng says in a research report. Management is cautiously optimistic of sustaining topline performance due to ongoing investments in brand building and market leadership position of its brands, the analyst notes. Management has also guided that it doesn't expect the Singapore-listed company to be significantly impacted by the U.S.' new tariffs, as the U.S. isn't a major market. The brokerage lifts the 2026 price-to-earnings multiple for Food Empire to 13.4X from 11.2X, and raises the stock's target price to S$1.95 from S$1.71 with an unchanged add rating. Shares are 9.15% higher at S$1.67. ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"F03.SI":"富旺朝"},"translate_title":"食品帝国的盈利可能保持弹性——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"F03.SI":0.9},"content_text":"0527 GMT - Food Empire Holdings' earnings may stay resilient given that its branded products are attractively priced consumer staples, CGS International's William Tng says in a research report. Management is cautiously optimistic of sustaining topline performance due to ongoing investments in brand building and market leadership position of its brands, the analyst notes. Management has also guided that it doesn't expect the Singapore-listed company to be significantly impacted by the U.S.' new tariffs, as the U.S. isn't a major market. The brokerage lifts the 2026 price-to-earnings multiple for Food Empire to 13.4X from 11.2X, and raises the stock's target price to S$1.95 from S$1.71 with an unchanged add rating. Shares are 9.15% higher at S$1.67. (ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 14, 2025 01:27 ET (05:27 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":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}