Food & Beverage
Jumbo Group unit, SJMF form JV to operate new SG restaurant
Jumbo Group unit, SJMF form JV to operate new SG restaurant
The partners will operate a Peking roast duck-themed restaurant in Singapore.
Kimly’s net profit down by 15.6% to $14.8m in H1 2025
The group has declared an interim dividend of $0.01 per share.
GS Holdings acquires Octopus Distribution Networks for $11.8m
The acquisition was completed on 13 May.
Food Empire revenue up 16.3% in Q1
Southeast Asia overtakes Russia as top market.
Jumbo Group’s H1 earnings falls 11.2% YoY
The decline was due to heightened competition and weak consumer confidence in China.
ThaiBev’s H1 net profit drops 9.2% YoY
Net profit for the period fell to $698.8m.
F&N’s attributable profit slips 0.35% YoY in H1
Earnings per share stood at $0.058.
Singapore soft drinks market hits $12b
Sales in low-sugar ready-to-drink teas and functional beverages surged.
Japan Foods Holding warns of net loss for FY2025
The loss is attributable to weak sales, higher expenses, and impairment losses.
F&B sector sees 2.8% decline in March with soft demand
Total F&B sales fell 2.8% compared to the same month last year, following a 5.7% decline in February.
Wilmar International's net profit grows 13.5% YoY in Q1
Revenue also increased by 3.3% to $20.9b (US$16b).
FIH posts $3.8m net loss in FY2025
Gross profit dropped 22.4% YoY.
Is it time to put a lid on the F&B boom?
F&B business formations hit 3,793 in 2024, second-highest since 1990.
Grocery firms' earnings resilient on global supply flexibility
Food procurement costs due to US tariffs can be mitigated through alternative markets.
Sauces, salt, and instant noodles to have Nutri-Grade labels by mid-2027
9 in 10 Singaporeans exceed the daily sodium limit.
F&B sales fall 5.6% in February
It was due to the difference in the timing of the Chinese New Year.
Zixin Group enhances sweet potato snacks
The global sweet potato fries market is forecasted to reach $3.5b (US$2.65b) by 2034.
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