Food & Beverage
Chizu Café operator Daruma Capital eyes Singapore IPO
Chizu Café operator Daruma Capital eyes Singapore IPO
Daruma Capital is partnering with MCI Capital as its financial advisor for the IPO.
SunMoon Food CEO acquires 401,000 more company shares
Zhang Ye’s stake in the company now stands at 0.71%.
Super Hi reverses net loss in Q1 2025
The company reported a net profit of $15.2m.
F&B sales rise 1.2% YoY in April, reversing March drop
In March, sales declined 2.7% YoY.
ThaiBev launches US$2b multicurrency debt issuance programme
Net proceeds will be used for general corporate purposes
Pubs lure Gen Z with nonalcoholic drinks
Only a quarter of male Singaporeans aged 25-34 drink regularly.
SunMoon Food Company posts $1.5m net loss in FY2025
Loss per share stood at $0.168.
Japan Foods posts $7.9m loss in FY2025
Revenue for also fell 3.2% YoY to $83.6m.
Kimly unit acquires coffee shop at Yishun Ring road
The purchase consideration stood at $11m.
Delfi Limited’s EBITDA down 27.2% to $21.9m in Q1 on lower sales in Indonesia
Higher cocoa bean prices continue to weigh on chocolate manufacturers globally.
Tung Lok warns of net loss for FY2025 on weaker sales
H2 profits were not sufficient to offset the losses recorded in H1.
Jumbo Group unit, SJMF form JV to operate new SG restaurant
The partners will operate a Peking roast duck-themed restaurant in Singapore.
Kimly’s net profit down by 15.6% to $14.8m in H1 2025
The group has declared an interim dividend of $0.01 per share.
GS Holdings acquires Octopus Distribution Networks for $11.8m
The acquisition was completed on 13 May.
Food Empire revenue up 16.3% in Q1
Southeast Asia overtakes Russia as top market.
Jumbo Group’s H1 earnings falls 11.2% YoY
The decline was due to heightened competition and weak consumer confidence in China.
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