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Company Analysis on Singapore Food Industries

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Company Analysis on Singapore Food Industries
BRIEF BACKGROUND OF COMPANY

History
A leading integrated food company, Singapore Food Industries, was established in 1973. It was listed Singapore Exchange Mainboard since 22nd of November, 1999 and comprises 8 percent of the Food & Beverage market share. It is the parent company of United Kingdom, China and Australia.

Singapore Food Industries has achieved various awards such as SME Partner Award, eDistributor award and 2003 Securities Investors Association (Singapore) Most Transparent Company Award (Manufacturing).

Business
Singapore Food Industries engages in three strategic business areas which comprises of food distribution, preparation, manufacturing, processing and abattoirs. It not only involves in the sourcing and importing of fresh fruits, but also chilled and frozen meats, seafood and other food products. These imports are then distributed to supermarkets, hotels, and some government institutions. In addition, SFI is also responsible for producing long shelf-life products under the Farmpride brand. This will includes ready-to-eat meals, sauces, gravies as well as desserts.

Food Distribution

The process of unloading to repacking, uploading and distribution of food products are run by its Food Supplies Division. Countries in the Asia Pacific region including Malaysia, Indonesia, Hong Kong and Brunei import the food items from the Singapore Food Industries.

The e-grocery store was set up on the beginning of year 2000 with its aim to provide convenience for its customers.

Food Preparation, Manufacturing and Processing

The core operation of Singapore Food Industries is food preparation. Its one-stop catering provides services for both formal and informal functions which is managed by the Food Catering Division.

The subsidiary of Singapore Food Industries’ manufacturing facility, Shanghai ST Food Industries Company Limited, is involved in the production, sales and distribution of value-added food products.

The operation

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