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food and beverage (F&B)
Results
Jumbo announces 26.1% rise in 1Q earnings to $2.6 mil on higher revenue
SINGAPORE (Feb 13): Jumbo Group has announced earnings of $2.6 million for the first quarter ended Dec 31, up 26.1% from $2.1 million a year ago on higher revenue.
February 13, 2017
Broker's Calls
This stock has plenty of growth on its plate
SINGAPORE (Nov 28): DBS Vickers Securities is maintaining its “buy” call on Jumbo Group at a target price of 77 cents, with a more bullish sentiment in anticipation of higher growth traction for the group’s outlet expansions, especially in China.
November 28, 2016
Broker's Calls
Din Tai Fung JV a ‘favourable addition’ to BreadTalk
SINGAPORE (Nov 17): RHB is maintaining its “buy” rating on BreadTalk Group with a target price of $1.45, while expressing confidence in the group’s ability to venture into the UK market with the Din Tai Fung chain of restaurants.
November 17, 2016
BreadTalk partners Din Tai Fung franchise owner in UK expansion
SINGAPORE (Nov 17): BreadTalk Group says its wholly-owned indirect subsidiary Taster Food UK (TFUK) has entered into an agreement with Fairy Rise Development, the franchise owner of the Din Tai Fung brand of restaurants, for the franchise right to operate
November 17, 2016
Amara’s 100 AM mall to launch new F&B concept on Dec 1
SINGAPORE (Nov 10): Amara Holdings’ lifestyle shopping mall, 100 AM, will be unveiling a new food and beverage (F&B) concept on its third floor from Dec 1.
November 10, 2016
Broker's Calls
This F&B stock is brimming with growth potential
SINGAPORE (Oct 10): UOB Kay Hian is keeping restaurant chain operator Jumbo Group at “hold” with an unchanged target price of 60 cents despite noting that the group is on track with its expansion plans, with more potential joint venture (JV) and franc
October 10, 2016
Shoppers’ wallets stay shut in 3Q16 and possibly beyond
SINGAPORE (Oct 5): Singapore’s retail environment continues to be challenging in 3Q, and weaker-than-expected economic growth and the soft job market is likely to affect spending for the rest of the year, Cushman & Wakefield.
October 05, 2016
The most gratifying occupation in Singapore will surprise you
SINGAPORE (Sept 20): Singapore’s recruiters are getting it all wrong about what employees want, as proven by LinkedIn’s Singapore Fulfilment Study 2016.
September 20, 2016
Results
BreadTalk posts 23.3% decline in 1H earnings to $3.8 mil
SINGAPORE (Aug 3): Bakery chain BreadTalk posted a 23.3% decline in 1H earnings to $3.8 mil from a year ago, on lower revenue from its bakery and Food Atrium businesses.
August 03, 2016