Taiwan’s largest food company, Uni-President Enterprises Corp, has reported a 23.6% rise in quarterly profit, helped by strong beverage sales.
Go deeper with GlobalData
The company reported first quarter profit of T$261m (US$7.5m), a 23.6% year-on-year increase, while sales climbed 10.6% to T$8.56bn.
“The first quarter is usually a slow period for beverages sales, but they were very strong,” Simon Hung, the company’s public affairs manager, was quoted by Reuters as saying.
“Ten percent growth is very strong, and we may not be able to maintain that pace for the whole year,” said Hung.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
