Latest news with #HongLe
Yahoo
26-03-2025
- Business
- Yahoo
Clear & upfront pricing at cai fan stalls – CASE rolls out colour-coded labels
I think it would be safe to say that almost every Singaporean has visited a cai fan (economy rice) stall at some point in their life. Those same Singaporeans have also possibly ended up paying much more than expected after choosing their dishes. 'S$10?! But I only ordered 3 dishes!' Well, the Consumers Association of Singapore (CASE) aims to rectify that by introducing colour-coded labels, starting with cai fan stalls run by Koufu. This new pricing scheme is planned to be rolled out to all 77 of Koufu's foodcourts and coffee shops by the end of 2025 as part of CASEs 'Price Transparency for Economical Rice' project. For Koufu's stalls, blue labels are for seafood (S$2.50 per serving), orange for meat (S$1.50 per serving) and green for vegetables (S$1 per serving). There are also white labels for 'premium items' and the prices for those would be handwritten. The new initiative was rolled out on 24 Mar 2025 at Hong Le Mixed Veg Rice Stall at the Koufu food court located in Plantation Plaza in Tengah. Hong Le's other outlets will also have this system in place by mid-April. CASE president Melvin Yong said that it was fairly common to hear consumers complaining about the final price of their cai fan after choosing the items they wanted. 'The dispute often centres on the ambiguity of the prices of the dishes on display. Having colour-coded labels will allow consumers to make informed choices and prevent any potential disputes over prices,' he said. He also said that it was important for consumers to know the prices of what they were buying. In addition, he also hopes that other cai fan operators would work together with CASE to roll out this initiative at their stalls. Operators who are interested in implementing this labelling system can contact CASE to find out more. Taiwan Fan Bao: Taiwanese-style cai fan with saba fish, chicken thigh & $3.50 pork belly buns The post Clear & upfront pricing at cai fan stalls – CASE rolls out colour-coded labels appeared first on
Yahoo
01-03-2025
- Business
- Yahoo
Results: Hong Leong Bank Berhad Beat Earnings Expectations And Analysts Now Have New Forecasts
Hong Leong Bank Berhad (KLSE:HLBANK) just released its quarterly report and things are looking bullish. The company beat expectations with revenues of RM1.6b arriving 4.8% ahead of forecasts. Statutory earnings per share (EPS) were RM0.56, 6.4% ahead of estimates. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year. Check out our latest analysis for Hong Leong Bank Berhad Following the latest results, Hong Leong Bank Berhad's 15 analysts are now forecasting revenues of RM6.34b in 2025. This would be a satisfactory 2.4% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to accumulate 2.2% to RM2.15. In the lead-up to this report, the analysts had been modelling revenues of RM6.31b and earnings per share (EPS) of RM2.16 in 2025. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates. It will come as no surprise then, to learn that the consensus price target is largely unchanged at RM25.41. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. There are some variant perceptions on Hong Leong Bank Berhad, with the most bullish analyst valuing it at RM31.40 and the most bearish at RM23.20 per share. As you can see, analysts are not all in agreement on the stock's future, but the range of estimates is still reasonably narrow, which could suggest that the outcome is not totally unpredictable. Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. It's pretty clear that there is an expectation that Hong Leong Bank Berhad's revenue growth will slow down substantially, with revenues to the end of 2025 expected to display 4.9% growth on an annualised basis. This is compared to a historical growth rate of 6.7% over the past five years. Compare this against other companies (with analyst forecasts) in the industry, which are in aggregate expected to see revenue growth of 6.2% annually. Factoring in the forecast slowdown in growth, it seems obvious that Hong Leong Bank Berhad is also expected to grow slower than other industry participants. The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that Hong Leong Bank Berhad's revenue is expected to perform worse than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates. With that said, the long-term trajectory of the company's earnings is a lot more important than next year. At Simply Wall St, we have a full range of analyst estimates for Hong Leong Bank Berhad going out to 2027, and you can see them free on our platform here.. We don't want to rain on the parade too much, but we did also find 1 warning sign for Hong Leong Bank Berhad that you need to be mindful of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
