Food Empire and Thai Bev – for the most part – have also shown that they can raise prices easily when costs increase, to maintain margins or recover lost ones.
SGX-listed stocks Thai Beverage (ThaiBev), Kimly, Food Empire and Sheng Siong Group will likely be the winners in a rising inflation climate, says RHB Group Research analyst Jarick Seet.
Sheng Siong Group and Kimly are both branded as value supermarkets and coffee shops, which will put them in good stead when there’s a drop in disposable income.
