F&N looks to increase market reach, build on growth in dairy products
SINGAPORE-LISTED beverage giant Fraser and Neave (F&N), owned by Thai billionaire businessman Charoen Sirivadhanabhakdi, has built a name for itself on the back of its array of canned soft drinks.
While F&N already has a sizeable market share, the company “keeps on evolving and developing new products” to maintain and grow its slice of the pie, chief executive Hui Choon Kit told The Business Times in a recent interview.
“As some of F&N’s products have reached maturity or are on the decline, we need to add new products that better address consumer needs,” he said. “We are always very cognisant of what consumers want in their daily lives.”
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Emerging-market optimism dashed by Fed as currencies, bonds sink
LHN warns H1 2024 net profit could decline by 28.6%
iPhone maker Hon Hai’s April sales rise 19% in positive signal
Worsening weather is igniting a US$25 billion market
TikTok tells advertisers: ‘We are not backing down’
EV automakers get reprieve in US tax credit rules