Buy Recommendation for Food Empire Holdings: Strong Revenue Growth and Strategic Market Positioning
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CGS-CIMB analyst William Tng reiterated a Buy rating on Food Empire Holdings Limited, setting a price target of S$3.18. The recommendation is based on the company's strong revenue growth, strategic market positioning, and effective consumer promotions. Revenue for the first nine months of 2025 grew by 24% year-over-year to US$427 million. Risks include geopolitical tensions and currency depreciation. UOB Kay Hian also maintained a Buy rating with a S$3.00 price target.
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