(January 09 10:26) Sbr.com.sg
Submitted By:
Sandra Sendingan
Case Study:
No
The stocks have averaged ROE of 19% in the past year.
The souring macro-environment failed to dent the bullish performance of Singapore's leading food retailers as Dairy Farm, Sheng Siong, BreadTalk and Old Chang Kee hit average total returns of 10% in 2018, data from SGX show.
In fact, the companies' positive stock performance stands in contrast to the average and median decline of their food retailing peers across Asia Pacific in 2018 with Dairy Farm leading the pack with a 20.5% gain to BreadTalk recording a 1.6% decline.
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