Food Empire Holdings

SINGAPORE (June 27): Best World International, Hanwell Holdings and Food Empire Holdings are the three strongest performers among the 20 Consumer Staples stocks in 2017 YTD.

SINGAPORE (May 16): Food Empire Holdings’ wholly-owned subsidiary, Indus Coffee has opened its instant coffee manufacturing facility in Mambattu, Andhra Pradesh, India, today.

SINGAPORE (May 11): Food Empire Holdings has announced first quarter earnings of US$6.3 million ($8.9 million), up 58.8% from the US$4 million a year ago on higher revenue.

SINGAPORE (April 11): RHB Research is reinitiating coverage on Food Empire Holdings with a “buy” call and a target price of 76 cents.

SINGAPORE (March 2): UOB KayHian is keeping its “buy” on Food Empire Holdings with 78 cents target price, thanks to a stable Russian rouble, strong growth prospects in Indochina and proven pricing power in the CIS region.

SINGAPORE (March 1): Food Empire Holdings is back in the black after posting US$2.9 million ($4.1 million) of earnings for the fourth quarter ended Dec 31 compared to the group’s restated 4Q15 loss of $3.1 million reported a year ago.

SINGAPORE (July 7): Food Empire Holdings has announced that Europe’s second highest court, the General Court in Luxembourg, has ruled in favour of McDonald’s to have exclusive rights to the use of ‘Mc’ or ‘Mac’ in trademark names for foodstuff