SGX Mainboard-listed Food Empire Holdings Limited has announced a significant 23.9% increase in revenue for the first nine months of 2025, reaching $426.7m. This marks the company’s fifth consecutive year of record-breaking financial performance. The growth was propelled by robust double-digit increases across all core segments, particularly in Russia and Ukraine, Kazakhstan and CIS, where revenue rose by 30.7% and 26.2%, respectively.
The company’s quarterly revenue also saw a notable rise, with a 28.3% increase to $152.6m in Q3 2025. This growth was largely attributed to consumer promotions and increased demand in key markets. The Southeast Asia segment, led by Vietnam, contributed significantly with a 20.8% increase to $114.5m, driven by consumer acquisition and brand investments.
Sudeep Nair, Food Empire’s CEO, stated, “Our outstanding performance in 3Q2025 and year-to-date 9M2025 is an outcome of brand investments and the ability to strategically allocate resources to markets where conditions are more favourable.”
In recent developments, Food Empire has invested $37m in expanding its coffee manufacturing facility in India, expected to boost capacity by 60% by 2027. Additionally, the company raised S$42.8m through a share placement to support growth opportunities and strengthen its balance sheet. With these strategic moves, Food Empire is optimistic about maintaining its growth trajectory and achieving another record financial year.
