Thai Wah PCL operates in the Wet corn milling sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Thai Wah PCL with three other
bakery and confectionary companies in Asia:
Budi Starch & Sweetener Tbk PT
of Indonesia
(2018
sales of 2.65 trillion Indonesian Rupiahs [US$187.95 million]
),
Global Sweeteners Holdings Limited
of Hong Kong
(1.96 billion Hong Kong Dollars [US$250.52 million]
of which 57%
was Corn Based Sweetener Products), and
Rafhan Maize Products Co Ltd
which is
based in Pakistan
(29.56 billion Pakistan Rupees [US$190.39 million]
of which 100%
was Corn & Corn Starch Products).
Sales Analysis.
Thai Wah PCL reported sales of 7.25 billion Thai Bahts (US$239.83 million)
for the
year ending
December of 2018.
This
represents
an
increase of 15.7%
versus 2017, when the company's sales were 6.27 billion Thai Bahts.
This was the third consecutive year of growth at Thai Wah PCL.
Sales of Starch saw an increase
of
19.4% in 2018, from
4.89 billion Thai Bahts to 5.83 billion Thai Bahts.