Delfi Ltd (SGX: P34)
Delfi manufactures and distributes consumer products that are sold in over 17 markets including Indonesia, Singapore, Malaysia, and Hong Kong. The group is well-known for its flagship chocolate brands SilverQueen and Ceres in Indonesia along with Delfi. Delfi’s share price has skidded 28% year-to-date (YTD) to close at S$0.80, down sharply from its 52-week high of S$1.17. The company provided a business update for the third quarter of 2024 (3Q 2024)....The Straits Times Index (SGX: ^STI) has been on a tear this year, attaining a 17-year high as it delivered a stunning performance.
However, not all stocks fared well.
Several companies in the food and beverage (F&B) sector met with challenging conditions that caused their share prices to get beaten down for the year.
We take a closer look at four such businesses to try to determine if they could be positioned for a better 2025.
