Stock Analysis
Food Empire Holdings First Half 2024 Earnings: EPS: US$0.045 (vs US$0.05 in 1H 2023)
Food Empire Holdings (SGX:F03) First Half 2024 Results
Key Financial Results
- Revenue: US$225.2m (up 14% from 1H 2023).
- Net income: US$23.6m (down 11% from 1H 2023).
- Profit margin: 11% (down from 13% in 1H 2023). The decrease in margin was driven by higher expenses.
- EPS: US$0.045 (down from US$0.05 in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Food Empire Holdings Earnings Insights
Looking ahead, revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Food industry in Singapore.
Performance of the Singaporean Food industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
Before we wrap up, we've discovered 1 warning sign for Food Empire Holdings that you should be aware of.
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About SGX:F03
Food Empire Holdings
An investment holding company, operates as food and beverage manufacturing and distribution company in Russia, Ukraine, Kazakhstan and CIS markets, South-East Asia, South Asia, and internationally.