THAILAND: Minor Food forecasts strong 2002 sales growth
Thailand’s Minor Food Group said today [Thursday] that sales revenue is on track to climb to Bt4bn (US$91.05m) in 2002, from Bt2.5bn last year. The company posted a net loss last year, and chairman William Heinecke said the strong increase in sales would take the company back into net profit this year. The company will release its 2001 results later this month.
The company posted a net loss last year, and chairman William Heinecke said the strong increase in sales would take the company back into net profit this year. The company will release its 2001 results later this month.
Shares in Minor were untraded today and last traded at Bt33 yesterday.
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