Singapore's Yeo Hiap Seng 1H profit rises on regional growth

Yeo Hiap Seng

07/08/2026 10:35

Overview
Singapore food and beverage group's 1H FY2026 revenue grew 8% yr/yr
Net profit for 1H FY2026 increased 12% yr/yr
Company recorded S$7.9 mln other gains, mainly from fair value gains on investment property

Outlook
Company expects operating environment to remain uncertain due to geopolitical conflicts and cost pressures
Company says changes to China operations not expected to materially impact FY2026 results
Yeo Hiap Seng is maintaining rigorous cost discipline and targeted investments for growth

Result Drivers
REGIONAL GROWTH - Co said revenue growth was supported by continued business growth in Malaysia, Singapore, Cambodia and Australia
FAIR VALUE GAINS - Other gains of S$7.9 mln were mainly due to fair value gains on investment properties, which are non-operating in nature
COST MANAGEMENT - Co said it continued to optimise operations, improve productivity and maintain disciplined cost management

Company press release: ID:nSN3L8tkp

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
S$159.80 mln
 
H1 Net Income
 
S$1.80 mln
 

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the food processing peer group is "buy."
Wall Street's median 12-month price target for Yeo Hiap Seng Ltd is S$0.76, about 32.8% above its August 6 closing price of S$0.57

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)