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Thailand Canned Fruit, Juices Producer Expects Profitable Year.
Byline: Busrin Treerapongpichit
May 1--Malee Sampran Plc, the producer of Malee canned fruit and juices, expects to return to profitability by the end of this year, despite an expected first-quarter loss, according to Pisakwalee Savettanan, managing director of Malee Enterprise, a subsidiary.
Malee Sampran had recorded net losses for four consecutive quarters, but the operating performance in the first quarter indicated that the business outlook was now more favourable, he said.
Mr Pisakwalee declined to give first-quarter figures, as they have not been reported yet to the Stock Exchange of Thailand.
Last year, Malee Sampran reported a ...
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Source: HighBeam Research, Thailand Canned Fruit, Juices Producer Expects Profitable Year.