Food & Beverage
SATS’ net profit up 89.3% to S$31.8m in Q3 FY2024
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.
Read Here
Advertise
Sign Up
Commentary
The future of cross-border commerce isn’t faster shipping – it’s better discovery
Delaying AI investment could become construction's most expensive decision
Can Johor-Singapore SEZ build ASEAN’s shared AI manufacturing ecosystem?
Machine-speed AI mistakes are Singapore’s next governance test
Banks need to rethink identity governance for AI agents
As Singapore broadens retail investing, who moves before the news?
Can controlled sandboxes prepare Singapore organisations for production AI?
What the latest sanctions regimes mean for Singapore businesses
Singapore’s tourism economy depends on security infrastructure most never see
Where does value creation really happen?