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This F&B stock remains a sumptuous 'buy', says Phillip Capital

Michelle Zhu
Michelle Zhu • 2 min read
This F&B stock remains a sumptuous 'buy', says Phillip Capital
SINGAPORE (Feb 15): Phillip Capital is maintaining its “buy” call on Old Chang Kee with a following the group’s release of its 9M18 results, which came in at 78% of the research house’s full year expectations.
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SINGAPORE (Feb 15): Phillip Capital is maintaining its “buy” call on Old Chang Kee with a following the group’s release of its 9M18 results, which came in at 78% of the research house’s full year expectations.


In a Thursday report, analyst Soh Lin Sin highlights the group’s strong sales, as demonstrated over 9M18, which is reflective of its continuous efforts to innovate new products and subsequently stimulate demand, in her view.

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