Food Empire Holdings Limited has announced record-breaking results for the first half of 2026, with revenue reaching $315.1m, a 15% increase from the same period in 2025. The company’s net profit after tax also rose by 12.2% to $35.3m, showcasing the resilience of its diversified international operations amidst geopolitical volatility.
The company’s performance was bolstered by significant growth in its Russia and Central Asia segments. In Russia, revenue surged by 24.6% to $103.2 million, driven by effective promotional campaigns and a stronger Russian Rouble. Central Asia saw the most substantial growth, with revenue increasing by 33.6% to $60.5m, thanks to robust sales in Kazakhstan, Uzbekistan, and Turkmenistan.
Sudeep Nair, CEO of Food Empire, highlighted the company’s strategic investments in brand building and capacity expansion as key factors in their success. “Our first-half performance reflects the strength of Food Empire’s diversified footprint and the resilience of our brands and business model across core markets,” he stated.
In recognition of its strong performance, Food Empire declared an interim dividend of 4.0 Singapore cents per ordinary share, up from 3.0 cents in the previous year. The company remains optimistic about its future, with plans to expand its coffee manufacturing facilities in India and Vietnam, aiming to sustain its growth trajectory and deliver strong returns for shareholders.
