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AT the frozen food section of the supermarket you can find an array of foods such as tempura prawns, fish balls, chapati and many others.
Net profit margin to recover on cost optimisation efforts
KAWAN FOOD BHD: CGS-CIMB has a positive view on Kawan Food’s new factory in Pulau Indah, Selangor, saying that “we view this positively as the market recognises Kawan Food’s management and its product quality”
KUALA LUMPUR: CIMB Equities Research is maintaining its forecasts and target price of RM3.02 for Kawan Food, which is 59.8% above the last traded price of RM1.89.
CGSCIMB Research continues to like Kawan Food Bhd’s defensive food and beverage (F&B) business, and believes its revenue growth will likely come from its new products such as “fresh frozen” breads
KUALA LUMPUR: CIMB Equities Research has added DRB-Hicom, Bonia Corp, Sasbadi and Karex to its top small cap picks, replacing AWC, Berjaya Food, Prestariang and BioAlpha.