The group's newly acquired Indonesian shrimp firm and robust sales of in-house processed chicken products have bolstered its overall sales and profitability.
’s newly acquired Indonesian shrimp firm and the robust sales of in-house processed chicken products in Indonesia have bolstered the group’s overall sales and profitability.
CCK, an integrated poultry firm, said the contribution from PT Bonanza boosted the group’s prawn segment overall profitability as export volumes to Japan, Taiwan, Australia, South Korea and Hong Kong increased. Also reporting a strong performance is the group’s Indonesian manufacturing operations in Pontianak, west Kalimantan , and Jakarta, with its sales climbing 9.3% to RM48.2mil in 1Q23 from RM44.1mil in 1Q22.
The new facility has boosted the production of sausages, the group’s best seller in Indonesia, to cater for the increasing demand. All its processed products are sold via the group’s six locally partnered Freshmart outlets in Pontianak and also to third parties in Pontianak and Jakarta. The group’s current retail network in Malaysia comprises 64 CCK Freshmart retail stores, three CCK local supermarkets and six CCK wholesales stores, bringing to total 73 touch points.
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