Post by account_disabled on Jan 2, 2024 5:59:48 GMT
Nai Tiewsomboonkit, Big Boss of TFG, reveals strategy for 2019, the year of creating value (Value), expected income-profit. Set a new high record Benefiting from "rising" chicken and pig prices, overseas sales of cooked chicken are exploding. Send more animal feed to the market together with strategies to reduce costs in both management and increase efficiency from the production line Mr. Winai Tiaosomboonkit Chief Executive Officer of Thai Foods Group Public Company Limited (TFG) revealed that the company's plans and strategies for 2019 have been designated as a year of value creation (Value), which is a continuation of last year's investment. a lot To lay the foundation for growth Increase production efficiency and the competitiveness of Thai Foods Group both at the national level and abroad.
This year, the investment C Level Executive List budget is set to not exceed 1,000 million baht to support further investment expansion. “I am confident that this year's income trend will expand compared to last year. and reached an all-time high since the company was established This is supported by the price trend of chicken and pig meat which is in an upward trend. At the same time, the animal feed business this year Expected to grow significantly After the company has increased the production capacity of animal feed. to sell to more customers outside the network.” “For the cost reduction strategy The company works to reduce costs through better management, such as managing inventory storage.
Transportation system management Management of ordering raw materials and equipment, etc., and the company also reduces costs by increasing the efficiency of the production line from investing in automation machinery, which will allow the company to have cost savings from operations and start seeing results from the beginning of 2019.” In the past year, The company has expanded its investments a lot. To prepare for creating value This year will begin to harvest what has happened from the investment. Whether it's a new animal feed mill which is preparing to increase production capacity to 190,000 tons/month compared to last year Production capacity is 120,000 tons/month and is preparing to penetrate more markets. From the current sales volume outside the network of only 20%, the target is for the next 2-3 years to increase the proportion of sales outside the network to 50%. As for the cooked chicken factory, this year it will be the hero, helping drive the company's income.
This year, the investment C Level Executive List budget is set to not exceed 1,000 million baht to support further investment expansion. “I am confident that this year's income trend will expand compared to last year. and reached an all-time high since the company was established This is supported by the price trend of chicken and pig meat which is in an upward trend. At the same time, the animal feed business this year Expected to grow significantly After the company has increased the production capacity of animal feed. to sell to more customers outside the network.” “For the cost reduction strategy The company works to reduce costs through better management, such as managing inventory storage.
Transportation system management Management of ordering raw materials and equipment, etc., and the company also reduces costs by increasing the efficiency of the production line from investing in automation machinery, which will allow the company to have cost savings from operations and start seeing results from the beginning of 2019.” In the past year, The company has expanded its investments a lot. To prepare for creating value This year will begin to harvest what has happened from the investment. Whether it's a new animal feed mill which is preparing to increase production capacity to 190,000 tons/month compared to last year Production capacity is 120,000 tons/month and is preparing to penetrate more markets. From the current sales volume outside the network of only 20%, the target is for the next 2-3 years to increase the proportion of sales outside the network to 50%. As for the cooked chicken factory, this year it will be the hero, helping drive the company's income.