Food Empire | Coffee Brands You May Not Have Heard of #SGX

FOOD EMPIRE | COFFEE BRANDS YOU MAY NOT HAVE HEARD OF

MacCoffee, KLASSNO, CafePHO, CafeRite, MacTea - These are the coffee brands sold by Food Empire $富旺朝(F03.SI)$ . Besides that, they also have snacks like Kracks, and frozen finger food like Orien Bites.

We may not have heard about these brands but they are sold internationally to over 50 countries.

Since its public listing in 2000, Food Empire has won numerous accolades and awards including being recognised as one of the “Most Valuable Singapore Brands” by IE Singapore (now known as Enterprise Singapore), while MacCoffee has been ranked as one of “The Strongest Singapore Brands”. Forbes Magazine has twice named Food Empire as one of the “Best under a Billion” companies in Asia and the company has been awarded one of Asia’s “Top Brand” by Influential Brands. Food Empire was also presented with the Sustainability Award at the SIAS 20th Investors’ Choice Award in Singapore.

Listed on the SGX with a current market capitalisation of SGD473 million (6 July 2021), can this company be an investment darling?

Credit: https://www.youtube.com/watch?v=FqnrYtNBHM8