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Food Empire joins Fortune Southeast Asia 500 list; DBS, Wilmar and Olam among top 10

Nicole Lim
Nicole Lim • 1 min read
Food Empire joins Fortune Southeast Asia 500 list; DBS, Wilmar and Olam among top 10
Launched in 2024, the list is in its second annual ranking, featuring publicly-listed, privately owned and state-owned companies and enterprises. Photo: Albert Chua/The Edge Singapore
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Food Empire Holdings has joined the Fortune Southeast Asia 500 list for the first time, which reveals the region’s largest 500 companies by revenue.

Food Empire joins other Singapore Exchangelisted companies, such as Wilmar International, Olam Group, DBS Group Holdings, and Aztech Globalon the list. Wilmar, Olam and DBS are ranked in 4th place, 5th place and 7th place on the 500 list respectively.

Launched in 2024, the list is in its second annual ranking, featuring publicly-listed, privately owned and state-owned companies and enterprises. These companies can hail from Indonesia, Thailand, Malaysia, Singapore, Vietnam, the Philippines and Cambodia.

Food Empire achieved four consecutive years of record revenue growth from 2020 to 2024 at a CAGR of 14.9%.

Food Empire completed its expansion of its snack manufacturing facility and has a new production line expected to be ready for commercial operation by the end of 3Q2025.

The group is on track to open a new coffee-mix production facility in Kazakhstan by the end 2025.

See also: KSH raises $8.67 million placing out treasury shares at 30.5 cents each

Shares in Food Empire closed 3 cents higher or 1.685% up at $1.81 on June 17.

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