Food Empire Holdings Limited (SG:F03) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Food Empire Holdings Limited reported a revenue increase of 14.5% in 1Q2024 compared to the same period last year, driven by effective marketing, higher production volumes, and a strong pricing strategy. Despite currency depreciation in Russia, the company saw growth in all core markets, especially in South-East Asia, South Asia, and the CIS regions. The company remains optimistic about future growth fueled by ongoing capacity expansion and market penetration initiatives.
For further insights into SG:F03 stock, check out TipRanks’ Stock Analysis page.
