Ngày đăng: 03/04/2019
Modest growth but attractive
- Sugar segment experienced strong recovery in 2018 thanks to a stable global sugar price while raw material price went down. We expect gross margin will be maintained over the next several years based on a solid sugar price recovery (as mentioned in previous report).
- Soymilk sale volume saw modest growth of 4% despite two new product lines in late 2018, due to a quite weak milk consumption demand.