TPF Solidly Placed To Pursue Growth In Thailand

摘要

The near-term demand picture for Thai President Foods (TPF),nthe leading instant noodle producer in Thailand, looks fairly upbeat.nTPF recorded sales growth of 8.4% and 9.3% for 2010 and Q111nrespectively, underlining the growing domestic demand for instantnnoodles. With Thailand’s increasing wages, strong economic growthnand recovering consumer confidence supporting domestic demand,nwe believe there is a strong cause for optimism in TPF’s near-termnsales outlook.