Tag Archives: start-turning

UOB Kay Hian Securities 2010

GFN#39;s operations will enhance GFPT#39;s performance, because the latter will supply the chickens. If the price of chickens drops, GFPT can write off the difference as a cost. UOB Kay Hian expects GFN to start turning a profit next year. GFN is a joint venture between GFPT and Japan#39;s Nichirei Foods. UOB Kay Hian Securities (Thailand) said in a report that GFN would in August begin slaughtering 20,00030,000 chickens a month, increasing to 70,000 in October. GFPT will also add two more p

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UOB Kay Hian Securities 2010