Food & Beverage
SATS’ net profit up 89.3% to S$31.8m in Q3 FY2024
Recovery of aviation food and flight volumes helped push up profits.
SATS’ net profit up 89.3% to S$31.8m in Q3 FY2024
Recovery of aviation food and flight volumes helped push up profits.
Food Empire's net profit dips 6.0% YoY to $56.5m in FY23
Despite a decline, the board proposed a dividend of $0.10 per ordinary share.
SG-based bean-free coffee supplier Prefer raises US$2m in seed funding round
500 Global and SEEDS Capitals were amongst the startup’s investors.
F&NHB unit leases parcel of land in Cambodia for US3.86m
The lease term will be 50 years.
ThaiBev's earnings climb 1.9% YoY in 1Q24
It recorded an EBITDA of ฿13.8b ($700.7m).
F&B sales growth eases to 0.3% in December
In November, F&B sales grew 1.6% YoY.
Food delivery app drives digitalisation in F&B sector: report
Deliveroo estimated to have contributed $139m to the local economy.
FairPrice Group to extend store operating hours for Chinese New Year
Over 60 stores will operate for 24 hours on 8 February.
Auditor raises ‘material uncertainty’ on No Signboard
The company incurred a net loss of $4.7m in FY22.
ThaiBev taps Prapakon Thongtheppairot as president and international group COO
He will begin his duties on 27 June.
No Signboard to acquire 60% stake at Dining Haus for $1.2m
It will acquire the stake from Chia Shu Sian and Gazelle Ventures.
Why Tim Hortons bets on ‘third-place’ to be first in Singapore’s coffee market
The brand aims to offer unique and healthier choices for consumers.
F&B sales growth eases to 2.4% in October
In September, F&B sales grew 6.9% YoY.
No Signboard cuts losses by 66.4% YoY to $423,205 in 3Q23
For 9M23, the company narrowed its losses to $1.2m.
ThaiBev revenue up 2.5%, net profit slipped 10.9% in 2023
Sales in spirits and beer also saw a decline.
Food Empire records 14.8% YoY decline in net profit in 9M23
The company attributed the decline to a US$1.4m exchange loss.
F&B sales growth slows to 6.9% in September
In August, F&B sales grew 8.6% YoY.
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