, Singapore

Super Group scores a not-so-super gain among biggest F&Bs in August 2016

Total returns sit at -5.3%.

The Food & Beverage sector has continued to play a huge part in Singapore's economy, with its top players registering an average total returns of 22.7% in the year through to the end of last week.

However, among the top 10, Super Group Ltd. registered the biggest decline at -5.3%, alongside Yeo Hiap Seng with -3.4%, and Del Monte Pacific with -3.0%.

According to SGX My Gateway, the biggest performer is agri-food company Japfa, which specializes in dairy, animal protein, and packaged food production. It recorded a total return of 80%.

"While the share price of Japfa ended 1 cent higher in July from end of June, average daily turnover of the stock in July at S$1.9 million was almost five times that of July 2015. In mid-August, Japfa reported operating profit for six months ending 30 June, was US$163.0 million compared to US$76.0 million for the same period a year ago," the report said.

The next best performing F&B companies were Thai Beverage and Jumbo Group. They are followed by Fraser and Neave, Delfi, QAF, and China Minzhong Food Corp. 

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!