Post by habibkhan22 on Mar 12, 2024 5:37:24 GMT
industries Thai Wah Public Company Limited or TWPC is one of the tapioca starch companies. and the largest food related products in Asia Announcing success in 2021 with sales of over 9,105 million baht, an increase of 28 percent from 2020, which comes from strong growth in all markets. In 2022, the company aims to continue growing at double digits. Including EBITDA increasing 70 percent from 571 million baht to 969 million baht, resulting in the board of directors approving a dividend at the rate of 0.2159 baht per share, totaling 190 million baht, an increase of 60 percent from 2020. which will be presented at the next shareholder meeting It is expected that we will be able to pay increased dividends continuously in the next 2 - 3 years.
Mr. Ho Ren Hua, Chief Executive Officer of Thai Wah Public Company Korea Phone Number Data Limited, said, “Over the past two years, since the start of the COVID-19 outbreak, As a result, every industry faces challenges and must adapt in order to continue living and doing business. Thai Wah, for its part, also faces challenges. One of our priorities is keeping our people safe. However, the company's performance in 2021 is very strong. This is a result of the adoption of innovations to reduce production costs. Product development to create added value More efficient sales and marketing management As a result, the company Total sales were 9,105 million baht, divided into income from the tapioca starch business of 4,422 million baht or 49 percent, income from the tapioca starch value-added (HVA) business of 2,910 million baht or 32 percent, and income from the food business of 1,767 million. baht or 19 percent, with domestic revenue accounting for 83 percent and foreign revenue accounting for 17 percent.
We remain committed to delivering quality products to customers in both B2B and B2C formats around the world. Through the brands Double Dragon, Double Kirin and Rose continuously.” “For marketing abroad Currently, Thai Wah has exported products all over the world. It has a total of 15 factories and offices, 9 in Thailand, 3 in Vietnam, and also has an office in the People's Republic of China. Cambodia and Indonesia which is the goal of the company is to become a product leader in the agriculture and food industry in Southeast Asia and aims to increase revenue to 10,000 million baht in 2022 because before the COVID-19 situation, the company had invested in developing the ability Personnel in the People's Republic of China, Vietnam, Cambodia, and Indonesia Allows us to reach more customers. Moreover, we expect that this year's export trend will be able to grow continuously.
Mr. Ho Ren Hua, Chief Executive Officer of Thai Wah Public Company Korea Phone Number Data Limited, said, “Over the past two years, since the start of the COVID-19 outbreak, As a result, every industry faces challenges and must adapt in order to continue living and doing business. Thai Wah, for its part, also faces challenges. One of our priorities is keeping our people safe. However, the company's performance in 2021 is very strong. This is a result of the adoption of innovations to reduce production costs. Product development to create added value More efficient sales and marketing management As a result, the company Total sales were 9,105 million baht, divided into income from the tapioca starch business of 4,422 million baht or 49 percent, income from the tapioca starch value-added (HVA) business of 2,910 million baht or 32 percent, and income from the food business of 1,767 million. baht or 19 percent, with domestic revenue accounting for 83 percent and foreign revenue accounting for 17 percent.
We remain committed to delivering quality products to customers in both B2B and B2C formats around the world. Through the brands Double Dragon, Double Kirin and Rose continuously.” “For marketing abroad Currently, Thai Wah has exported products all over the world. It has a total of 15 factories and offices, 9 in Thailand, 3 in Vietnam, and also has an office in the People's Republic of China. Cambodia and Indonesia which is the goal of the company is to become a product leader in the agriculture and food industry in Southeast Asia and aims to increase revenue to 10,000 million baht in 2022 because before the COVID-19 situation, the company had invested in developing the ability Personnel in the People's Republic of China, Vietnam, Cambodia, and Indonesia Allows us to reach more customers. Moreover, we expect that this year's export trend will be able to grow continuously.