Welcome to Sunday evening! Here are three things about retail companies in Singapore that you might want to look at today and over the rest of the week.
1. BreadTalk Group Limited (SGX: 5DA), one of Singapore’s largest bakery chains, had released its fiscal first-quarter results recently. The company has managed to achieve steady revenue growth for a long time now, but its profits have grown at a much slower pace in recent years. Has the situation changed? My colleague Chin Hui Leong had taken a good look at BreadTalk’s latest earnings and you can check out his thoughts here.
2. Instant coffee manufacturer Food Empire Holdings Limited (SGX: F03) sells its products mainly in Russia and other parts of Eastern Europe. With the region suffering from a difficult geopolitical situation over the past year and more, it’s perhaps no real surprise to see that Food Empire had a poor 2014. Is 2015 going to be better? The company had recently released its latest fiscal first-quarter earnings and I had taken a look at it. Jump in here for more of my thoughts.
3. With the rise in e-commerce, brick & mortar retailers like Parkson Retail Asia Ltd (SGX: O9E), which runs its namesake departmental stores in Southeast Asian nations like Malaysia, Vietnam, Indonesia, and Myanmar, has been facing challenges in their business. The firm’s share price has reflected those difficulties, dropping from an all-time high of more than S$1.70 to S$0.53 today. Parkson Retail had just released its earnings for the first quarter of 2015. Is the worst over for the company? Find out more about its latest report card here.
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The information provided is for general information purposes only and is not intended to be personalised investment or financial advice. Motley Fool Singapore writer Stanley Lim owns Food Empire Holdings Ltd.