Food & Beverage
BreadTalk could spend $200m on its return to expansion phase
It wants to lift its net margin from 3% by expanding and partnering with other firms.
BreadTalk could spend $200m on its return to expansion phase
It wants to lift its net margin from 3% by expanding and partnering with other firms.
DairyFarm's new CEO shuts down lossmaking stores in Singapore
This is part of the strategy to revitalise Southeast Asian stores and hopefully, sweeten profits again.
DairyFarm profits down 13.97% to $532.62m in 2017
Operating profit for its businesses fell after recognising $84.48m of business change costs.
BreadTalk's 2017 profits jumped 91% to $21.85m
If it weren’t for gains from TripleOne Somerset, earnings would have been pulled down by a weak bakery division.
Dairy Farm net profit to hit $500m in 2017
Its strong sales in health and beauty division are likely to drive growth.
ThaiBev's net profit to fall 23.76% to $1.1b in 2018
No thanks to higher excise tax.
ThaiBev to lead beer industry by 2020
Its current beer market share increased to 40%.
ThaiBev's profits plunge 60.98% to $126.9m in Q1
Agents' inventory destocking dragged local alcohol sales.
DBS forms new team to help F&B firms expanding abroad
It will help them understand the rental, manpower, and taxation of their target market.
Fraser & Neave's Q1 profits leap 16.3% to $26.09m
Vinamilk pushed the dairies business' profit up 28.1% to $50.5m.
Lower satisfaction and loyalty amongst Singaporeans who encounter long waiting times
It seems as if queuing is almost part of the Singapore culture – it appears to be that we’re happy to queue for things we know will be worth the wait...
RE&S Holdings' profit plunges by 21.3% to $1.1m
More intense competition in the F&B sector hurt the income.
ThaiBev's profit forecast trimmed 3% after Sabeco acquisition
It used up six debt facilities to fund the deal.
Fraser and Neave appoints Charles Mak Ming Ying as independent and non-executive director
He began his career with Morgan Stanley in New York in 1980.
Will ThaiBev swap its FCL shares for Fraser & Neave?
The potential exercise could involve swapping its 28% stake in FCL for a 60% stake in F&N.
ThaiBev's full-year profit up 38.5% to $1.44b
But sales revenue slightly fell to $7.9b due to weaker beer business.
QAF appoints Goh Kiat Chiang as group financial controller
He previously served as financial controller at M&L Hospitality.
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