Food & Beverage
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.
ThaiBev’s H1 net profit drops 9.2% YoY
Net profit for the period fell to $698.8m.
F&N’s attributable profit slips 0.35% YoY in H1
Earnings per share stood at $0.058.
Singapore soft drinks market hits $12b
Sales in low-sugar ready-to-drink teas and functional beverages surged.
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