However do you know that the meals and beverage sector can be an important place to search for enticing investments?
From restaurant chains and snack meals to three-in-one espresso and bottled isotonic drinks, the Singapore market gives a number of fascinating food-related shares which you can spend money on.
Listed below are 4 food-related Singapore shares that might ship a tantalising return in your funding portfolio.
Jumbo Group (SGX: 42R)
Jumbo is a meals and beverage (F&B) group that operates 10 totally different F&B manufacturers together with Jumbo Signature, Jumbo Seafood, and Ng Ah Sio Bak Kut Teh.
The group operates 46 F&B retailers throughout 14 cities in Asia.
Jumbo reported a sturdy set of earnings for the primary half of fiscal 2024 (1H FY2024) ending 31 March 2024.
Income elevated 13% yr on yr to S$97.1 million due to increased enterprise volumes at its Singapore operations from a rebound in tourism coupled with a S$0.3 million…