At the same time, she highlights how the Dairies segment continued to deliver strong growth over FY17, underpinned by a strong performance in Dairies Thailand as well as a significant increase in contributions from Vinamilk.
SINGAPORE (Nov 13): Phillip Capital has upgraded its call on Fraser and Neave (F&N) from “neutral” to “accumulate” with a higher target price of $2.83 from $2.52 previously.
In a Monday report, analyst Soh Lin Sin observes that F&N has been gaining a stronger foothold in Vietnam via Vinamilk as a Vietnam Dairy Products joint stock company.
