TWPC shows Food Business continue to grow, Tapioca Starch exports, especially China, began to recover

BackNov 12, 2020

Mr. Ho Ren Hua (2nd from right), Chief Executive Officer and director along with Mr. Umnad Sukprasongphol, Managing Director of Starch Business (The rightmost), Ms. Orn-A-Nong Witchucharn (2nd from left), Group Chief Financial Officer, and Miss Ratinan Wongwatcharanon (the leftmost), Investor Relations Manager, Thai Wah Public Company Limited (TWPC), presented at the Analyst Meeting, revealing the overall operating results for the first 9 months of 2020. Food Business continue to grow 7% YoY, including new products development responding to consumer needs. Moreover, the export volume of tapioca starch returned to growth in the third quarter, especially China. The Company confidences that its operating results for the rest of this year will grow strongly, covering sales volume slowdown due to the COVID19 situation at the beginning of the year. In addition, TWPC was selected on the Thailand Sustainability Investment for the second year. The virtual meeting was held at Thai Wah building recently.