FOOD EMPIRE

  • 959
  • Topic Author
  • Visitor
  • Visitor
11 years 5 months ago #11970 by 959
Replied by 959 on topic Re:FOOD EMPIRE
For Q3 2012 the Group recorded a Profit after tax of US$8.0 million compared to US$4.2 million in Q3 2011.

The improvement in performance was mainly due to the following reasons: -

1) Higher average selling prices of its products in its key markets.

2) Foreign exchange gain of US$289,000 in Q3 2012, compared to a loss of US$375,000 in the
corresponding quarter of 2011 as a result of the weakening US dollar.|

3) Share of associates’ profits also saw a turnaround from a loss of US$963K in Q3 2011 to US$558K in profits for Q3 2012.


Cool!

Please Log in or Create an account to join the conversation.

  • Kopi-C
  • Topic Author
  • Visitor
  • Visitor
11 years 5 months ago #12020 by Kopi-C
Replied by Kopi-C on topic Re:FOOD EMPIRE
Anyone has analyst report?

Please Log in or Create an account to join the conversation.

  • Ava
  • Topic Author
  • Visitor
  • Visitor
11 years 5 months ago #12104 by Ava
Replied by Ava on topic Re:FOOD EMPIRE
I can see the business getting bigger & stronger with their new Ukraine plant, their new coffee plant in India and creamer plant in Malaysia. All these things happening in the next 12-24 months. As always, in this business, the key risks would be a rise in commodity prices ..... 

Please Log in or Create an account to join the conversation.

  • Lorna
  • Topic Author
  • Visitor
  • Visitor
11 years 5 months ago #12132 by Lorna
Replied by Lorna on topic Re:FOOD EMPIRE
While having my coffee break.... I checked Food Empire stock --- 52.5 cents now!
Cheers! 

Please Log in or Create an account to join the conversation.

  • Bond
  • Topic Author
  • Visitor
  • Visitor
11 years 5 months ago #12141 by Bond
Replied by Bond on topic Re:FOOD EMPIRE
Lorna, your kopi is getting sweeter. Food Empire closed at 54.5 cents, up 10% today! What is happening?

Please Log in or Create an account to join the conversation.

  • Kopi-c
  • Topic Author
  • Visitor
  • Visitor
11 years 5 months ago #12165 by Kopi-c
Replied by Kopi-c on topic Re:FOOD EMPIRE
Super Group has done very well, shot past $3.00.
Food Empire is on the move too, shot past 52 cents. Valuation about 50% of Super's. PE abt 11 versus Super's 20+

Please Log in or Create an account to join the conversation.

Time to create page: 0.218 seconds
Powered by Kunena Forum
 

We have 2358 guests and no members online

rss_2 NextInsight - Latest News