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The latest update is out from Food Empire Holdings Limited ( (SG:F03) ).
Food Empire Holdings Limited has announced a US$37 million investment to expand its spray-dried soluble coffee manufacturing facility in Andhra Pradesh, India, increasing its capacity by about 60%. This expansion is part of the company’s vertical integration strategy to enhance control over the coffee processing cycle, supporting the growth of its branded consumer business. The project is expected to begin in the fourth quarter of 2025 and complete by the end of 2027. The company aims to strengthen its position as a leading player in the Asian soluble coffee market, with additional plans for a freeze-dried coffee facility in Vietnam and a coffee-mix production facility in Kazakhstan.
The most recent analyst rating on (SG:F03) stock is a Buy with a S$1.20 price target. To see the full list of analyst forecasts on Food Empire Holdings Limited stock, see the SG:F03 Stock Forecast page.
More about Food Empire Holdings Limited
Food Empire Holdings Limited is a company operating in the food and beverage industry, primarily focusing on the production of soluble coffee. The company is known for its branded consumer business and has a strong market presence in Asia, particularly in Southeast Asia, with Vietnam being its fastest-growing market.
Average Trading Volume: 675,514
Technical Sentiment Signal: Buy
Current Market Cap: S$996.5M
See more insights into F03 stock on TipRanks’ Stock Analysis page.