Strong earnings delivery to stay for Berjaya Food

Growth to be driven by expansion of Starbucks outlets

KUALA LUMPUR: Berjaya Food Bhd’s strong earnings delivery in the coming quarters appears to be sustainable following its strong performance that was seen in its recent third quarter ended June 30.

The counter is also trading at an undemanding 13 times forward financial year 2023’s (FY23) price-to-earnings ratio (PER) that is below its five-year mean.