Listed F&B players find new recipes beyond dine-in business

Fresh product lines and acquisitions have increased income streams for companies like Tung Lok, Jumbo and Kimly

Published Wed, Jul 7, 2021 · 05:50 AM

F&B

Singapore

GROUPS of five are expected to be allowed to dine together at food and beverage (F&B) outlets from next week, and the Singapore government has indicated plans to relax social gathering restrictions once more people are vaccinated later this year.

Investors in Singapore Exchange-listed F&B stocks should, therefore, have reason to cheer.

But analysts and market watchers are expecting the recovery to be selective, and favouring companies that have done the most to position themselves for the post-pandemic reality.

Travel lockdowns are still in place and restrictions on dining out are likely to pe…