Food Empire - 3rd quarter results update is out! Total Gross Revenue is up 11.4 percent to 118.9m versus 106.7m last year. 9th month total Revenue is up 12.8 percent to 344.3 percent. Looks like sales is up across all different region! I think final dividend of 5 cents is likely sustainable!

 Food Empire  - 3rd quarter results update is out! Total Gross Revenue is up 11.4 percent to 118.9m versus 106.7m last year.  9th month total Revenue is up 12.8 percent to 344.3 percent.  Looks like sales is up across all different region! I think final dividend of 5 cents is likely sustainable! 

Sales from its Ukraine, Kazakhstan and the Commonwealth of Independent States segment was up 10.3 per cent. This was attributed to higher revenue from Kazakhstan brought in by tea product manufacturer Tea House, which became a subsidiary of the group in May 2024.

Despite ongoing market challenges, Food Empire recorded a 1.8 per cent rise in revenue from its Russia segment. Its “others” segment posted a 7.4 per cent rise in revenue due to higher contribution from the Africa market.

I think overall results is not bad! 

At 1.01 , yield is about 4.95%.

Pls dyodd.