Business in Russia is not affected at all, the only risk is the local currency that it was exposed to.
Food Empire - local listed firm took a hard hit by Crimean crisis.
Russia and Ukraine afr the largest mkt for Food Empire with Russia account for 62%.
Food Empire  commanded 40% or more of Ukraine' s instant coffee mix mkt and more then 50% in Russia.
Food Empire: A Sliver Bullet Amidst The Russia-Ukraine Crisis
Investment Merits
- Eyeing growth in Southeast Asia, Middle East and Africa
- Strong consistent revenue growth
- New facilities provide greater flexibility and control over the supply and prices of Food Empire' s key ingredients reducing uncertainties surrounding commodity prices
- Healthy net asset value (NAV) per share growth backed by healthy debt to equity ratio
Investment Risks
- Market saturation within Food Empire' s core markets might limit future growth
- The Russia-Ukraine could prolong, affecting trade and consumers' lifestyle
- Customers could opt for other instant coffee brands in the market
- As spending power increases, consumers could choose to visit cafes and restaurants for their coffee fixes
- Unsuccessful ventures in countries outside its core markets
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