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Synergy Empire Ltd (PK:SHMY)

Business Focus: Food Ingredients

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Business Summary

Sector:  Consumer Non-Cyclicals Industry:  Food Processing

Synergy Empire Limited is engaged in the production and sale of food products, specifically dessert created and sold through various restaurants that it operates in Malaysia. The Company sells its goods under its brand name Sweet Hut. The Company operates two dessert restaurants and one central kitchen. The Company manufactures and processes its own dessert and food in its centralized kitchen with standard procedures and recipes. It serves a range of desserts in its restaurants, including cakes, puddings and sago, as well as hot and cold beverages. Its suppliers, including raw material, ingredient, packaging material suppliers, are located in Malaysia. The Company has approximately 22 suppliers for raw materials and food ingredient and three suppliers for packaging materials. The Company produces and distributes dessert through Lucky Star F&B Sdn. Bhd. and operates two restaurants through SH Dessert Sdn. Bhd.

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