Food & Beverage
Fraser & Neave Q3 profits dropped 12.4% to $50.3m
Profits of its beverages and publishing businesses fell.
BreadTalk Group H1 profit plummeted 72.2% to $3.62m
It recognised a $9.3m capital gain from the sale of its stake in TripleOne Somerset.
Dairy Farm's H1 net profit crashed 17.7% to US$214.8m
Net profit fell 17.7% to US$214.8m from the previous half year’s US$260.9m.
Deliveroo Singapore revenue up by 142.2% to $26.4m in 2017
It now has over 6,000 riders and 4,000 partners.
Jumbo brings Singaporean flavors into Taiwan
Jumbo Group has opened its first Ng Ah Sio Bak Kut Teh franchise restaurant in Taiwan.
Singapore dissolves AVA; new food agency takes over
Food businesses will now have to work with the Singapore Food Agency.
SATS food solution revenue to rise 4.1% in FY19
The company’s Langfang kitchen is expected to drive growth.
SATS Q1 profits up 11.5% to $63.9m
Its revenue for both food solutions and gateway services grew.
Koufu raises $415.9m from IPO
Its public offer of 6.33 million shares was 17 times subscribed.
Did the World Cup help kick ThaiBev's gloomy sales?
The company’s price has fallen down 20.7% YTD.
Homegrown F&B operator Koufu launched IPO at 63 cents each
It eyes proceeds of $45.5m and a market cap of $349.8m.
Jumbo Seafood to operate in Thailand
It will be its third branch in Southeast Asia.
PUB launches beer from recycled water
PUB's NEWater has passed 150,000 scientific tests.
BreadTalk JV firm to set expansion in China through stake acquisition
It eyes developing the Song Fa brand as a market leader in South China.
Homegrown F&B operator Koufu Group eyes IPO
It aims to build a 7-storey facility to support its stalls and outlets.
BreadTalk to operate Chongqing bakeries
It plans to expand to China’s Southwestern market like Yunnan and Guiyang.
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