Koufu May Benefit From Singapore's Eased Travel Restrictions -- Market Talk
Koufu May Benefit From Singapore's Eased Travel Restrictions -- Market Talk
DJ Koufu May Benefit From Singapore's Eased Travel Restrictions -- Market Talk
DJ口福可能受益于新加坡放宽的旅行限制--市场传言
0704 GMT - Food-court operator Koufu Group could gain more customers at its outlets as Singapore gradually extends quarantine-free travel to attract more visitors to the city-state, Maybank KE says. Higher contributions from new stores and its snacks and dough business are likely to drive earnings moving forward. Koufu's greater economies of scale could also enhance its supply chain, operating efficiency and margins over the longer term, Maybank adds. The brokerage initiates coverage on Koufu with a buy rating and a S$0.78 target price. Shares are 0.8% lower at S$0.64. (justina.lee@wsj.com)
格林威治时间0704-梅班克表示,随着新加坡逐步延长免检疫旅行,以吸引更多游客来到这个城市国家,美食广场运营商口福集团(Koufu Group)可能会在其门店获得更多客户。来自新店及其零食和面团业务的更高贡献可能会推动收益向前发展。Maybank补充说,从长远来看,口福更大的规模经济也可能增强其供应链、运营效率和利润率。该券商对口福的报道评级为买入,目标价为0.78新元。股价下跌0.8%,至0.64新元。(justina.lee@wsj.com)
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October 12, 2021 03:04 ET (07:04 GMT)
2021年10月12日东部时间03:04(格林尼治标准时间07:04)
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