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Food Empire Holdings
Broker's Calls
Brokers' Digest: FEHT, SGX Group, SATS, Civmec, Food Empire
See what the analysts have to say this week.
February 16, 2023
Broker's Calls
Maybank initiates coverage on Food Empire with 'buy' call and $1.20 target price
Food Empire trades at just 7.4x core FY22 earnings, nearly a quarter that of global peer average’s 27x.
February 13, 2023
Results
Food Empire expects to report 'substantially higher' profit after tax for FY2022
The group is expected to release its results for the full year on or around Feb 27.
February 13, 2023
Broker's Calls
ThaiBev, Kimly, Food Empire and Sheng Siong likely to be winners in rising inflation climate: RHB
The brokerage has kept its “overweight” call on the Singapore consumer stocks sector.
September 15, 2022
Broker's Calls
RHB raises Food Empire's FY2022 PATMI estimates as 1HFY2022 results proved doubters wrong
At its current levels, RHB's Jarick Seet believes the counter is a “steal".
August 15, 2022
Results
Food Empire's 1HFY2022 earnings more than double to US$27.1 mil due to higher ASPs
Gross profit for the period increased by 8.1% y-o-y to US$52.0 million.
August 11, 2022
Results
Food Empire expects to see 'significantly higher' profit after tax for 1HFY2022
The group will release its unaudited financial statements on or around Aug 11.
July 28, 2022
Broker's Calls
RHB maintains ‘buy’ call on Food Empire with the sale of its industrial office
RHB analyst Jarick Seet has maintained his “buy” call on Food Empire Holdings with a target price of $0.95.
July 05, 2022
Property
Lian Beng to buy building from Food Empire for $49.25 million
Food Empire will see its NTA per share increase from 40.46 cents to 43.12 cents
June 09, 2022
Results
Food Empire reports NPAT of $9.2 mil, up 34.4% for 1QFY2022
Looking ahead, the group says it has experienced an overall improvement in market sentiment.
May 11, 2022