Summary:
Top-line revenue beat but underlying margins a potential concern
Balance sheet remains strong
Maintain BUY and Target Price of S$2.74 for now (potential 9% upside)
George.Koh@rhtgoc.com
Paul.Schymyck@rhtgoc.com
FOOD EMPIRE | SGX: F03 – 1H26 Results in-line; Top-line Beats, Margin Potential Concern
