Food Empire net profit rises 12.2% YoY to 45.2m in H1

Central Asia recorded strongest revenue growth among its market segments.

Food Empire Holdings Limited recorded net profit after tax of $45.2m (US$35.3m) for the six months ended 30 June 2026 (H1), up 12.2% year-on-year.

Group revenue increased 15% to $403.3m (US$315.1m) from $350.8m (US$274.1m) in the previous year, according to a filing.

By market segment, Russia remained the group’s largest revenue contributor, posting 24.6% growth to $132.1m (US$103.2m).

The Russian ruble appreciated by an average of 12.3% against the US dollar during the period.

Meanwhile, Central Asia recorded the strongest growth amongst the segments, with revenue jumping 33.6% to $77.4m (US$60.5m), supported by sales volume growth across Kazakhstan, Uzbekistan, and Turkmenistan.

The Southeast Asia segment saw revenue rise 2.4% to $101.5m (US$79.3m). Vietnam contributed over 60% of the segment’s revenue.

South Asia revenue increased 4.4% to $49.4m (US$38.6m), driven by stronger demand for freeze-dried and spray-dried soluble coffee.

$1 = US$0.78

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