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Brokers' take

Published Thu, Feb 21, 2019 · 09:50 PM
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BreadTalk | Neutral (upgraded) Target price: S$0.81 Feb 21 close: S$0.87 RHB Research Institute, Feb 21

Q4 2018 results were above expectations, due to a write-back of the bonus provision in previous quarters for the bakery segment, lower-than-expected corporate costs and margin improvements in the food atrium segment.

The bakery segment continued to underperform, with losses incurred in China. This w…

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BreadTalk
sembcorp marine

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