NSL strategy looks to new ventures - News Summed Up

NSL strategy looks to new ventures


"We are adjusting our strategy to cope with obstacles or uncontrollable factors that may occur in the future," said NSL president Somchai Asavapiyanond. Somchai Asavapiyanond, the company's president, said NSL wants to raise the sales proportion of the new businesses to contribute about 30% of total sales in five years from 6% now. The bakery business makes up 94% of the company's total sales. NSL reported total revenues of 1.56 billion baht in the first six months this year, a 9.8% increase over the same period last year, with net profit rising 98.9% to 123 million baht. "With the uncertainty of the pandemic, our sales this year are likely to stay on par with last year's level at 2.92 billion baht," he said.


Source: Bangkok Post September 18, 2021 00:21 UTC



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