Listed F&B players review operations; Kimly named as being relatively resilient
Singapore
FOOD and beverage (F&B) players are expected to have a rough 2020, but some will do better than others. Coffee shop operator Kimly, for one, appears more resilient than its listed peers.
The F&B industry has been under siege since February from the Covid-19 outbreak, and the "circuit breaker" imposed in April only worsened these players' situations.