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Thai Namchiao's revenue to hit new high, with over 1 billion invested next year

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Benefiting from the pandemic, Thai Nam N. V. 's prepared meals, instant noodles, and baby rice snacks have all seen growth this year.
The company's annual revenue is expected to exceed the 3 billion baht threshold for the first time. (Photo by Reporter Yang Yamin)

Namchiao (1702) Executive Vice President Li Kan-wen said that benefiting from the epidemic, Namchiao Thailand's production of ready-to-eat meals,
Instant noodles and baby rice crackers saw across-the-board growth this year, with revenue increasing by approximately 151 million baht year-over-year. This year also marks
For the first time in 30 years of investment in Thailand, Nanchiao's annual revenue has surpassed the 3 billion baht mark.

Li Kanwen said that the first phase of Nanqiao Thailand's 5 billion yuan investment plan over 5 years is 1.3 billion yuan for building a baby
Rice cracker production line, capacity will be full next year. Full capacity on one production line can generate 1 billion Thai baht in output.
Value.

Thailand's Namdiao will start production on its bread and snack line suspended due to the pandemic next year, while also launching a second phase of its investment plan.
will reinvest over a billion yuan to expand production lines for baby rice crackers, general rice crackers, and fried snacks. The second baby
The rice cracker production line is expected to start production in 2022.

Nanghsiang is also cooperating with Tmall in the mainland market to enter the cross-border B2C e-commerce market, selling Thai and Taiwanese raw materials.
Rice crackers, instant noodles, and rice products, if the cross-border e-commerce operational model in mainland China is successful, there will be no exclusion in the future.
in addition to expanding into other overseas markets.