Food Empire Reports Strong Growth Driven by Asian Markets

Food Empire Holdings Limited (SG:F03) has released an update.

Food Empire Holdings Limited reported a robust revenue growth of 11.4% in the third quarter and 12.8% for the first nine months of 2024, driven by strong performance in Asian markets, particularly in South-East Asia. The company’s strategic marketing efforts in Vietnam have notably contributed to this increase, reflecting a successful business focus on long-term growth. Despite minor setbacks in its Russian segment, the overall outlook remains positive with Asia expected to continue supporting sustained growth.

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