How ABR Holdings is adding spice to its business in a slowing F&B industry

SINGAPORE (Feb 24): ABR Holdings, the company behind Swensen’s ice cream and Tip Top curry puffs is branching out into catering to seek growth.

ABR is among the names that have been doing well this year. While it has not been expanding rapidly, the company has a decent track record. It has remained profitable since 2004 and has paid an annual dividend of 2.5 cents a share for the last four financial years.

The counter closed at 76 cents on Feb 23, up 7% year to date. That gives it a yield of 2.6% and an earnings multiple of 23.5 times.

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