Food Empire Holdings

Food Empire Holdings has announced first quarter earnings of US$6.6 million (S$9.3 million), down 13.3% from the US$7.8 million a year ago.

Is it time to wake up and smell the instant coffee?

SINGAPORE (Nov 25): On Nov 13, Food Empire Holdings CEO Sudeep Nair purchased some 1.34 million shares in Food Empire through his nominee, DBSN Services, for a total consideration of $750,658, or 56 cents a share. On Nov 15, Nair acquired another 230,800

SINGAPORE (Nov 11): Food Empire Holdings saw its earnings jump 34.4% to US$7.9 million ($10.7 million) for 3Q19 ended September, from US$5.9 million a year ago, on the back of higher revenue and lower expenses during the quarter.

SINGAPORE (Nov 22): RHB Research is upgrading F&B manufacturer Food Empire to “buy” given 3Q18 result came in above expectations.

SINGAPORE (June 22): RHB Research is remaining optimistic on the consumer sector in Singapore this year, as consumer spending is expected to rise on the back of strong economic growth and an improved job outlook.

SINGAPORE (Jan 4): RHB Research is backing Food Empire Holdings as its top pick in the consumer sector in 2018, ahead of the highly-anticipated FIFA World Cup to be held in Russia in the middle of this year.

SINGAPORE (Dec 27): Food Empire announced that its wholly-owned subsidiary, Future Investment Holdings, is subscribing to 138,334 shares or 25% of the enlarged share capital of Italy-based 101 Caffe for €2.5 million ($4.0 million).

SINGAPORE (Dec 25): From the en bloc craze to meteoric spikes in tech stocks, 2017 has been coloured by significant asset price gains. Driven by the rally in blue chips, the Straits Times Index is up 18.5% in the year to Dec 18, a notable improvement from

SINGAPORE (Nov 10): RHB is maintaining its “buy” call on Food Empire Holdings with a target price of $1.00.