Synergy Empire Ltd. Stock Analysis SHMY

Synergy Empire Ltd. manufactures and sells dessert food products. The company is headquartered in Kuala Lumpur, Kuala Lumpur. The company went IPO on 2021-04-06. The firm sells its goods under its brand name Sweet Hut. The firm 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. The Company’s segments are based on the business unit, consultancy business, asset leasing business, and food and beverage business and the three segments based on the country: the United States, Marshall Islands and Malaysia. The company manufactures various traditional Chinese desserts, such as black glutinous, almond, mango desserts, and peanut butter. The firm conducts its business through Lucky Star F&B Sdn. Bhd. and SH Dessert Sdn. Bhd. Its suppliers, including raw material, ingredient, packaging material suppliers, are located in Malaysia.