Homepage
PR Newswire
Wilmar has made those easy money in 2007 - 2008 when they acquired a lot of related companies in China. At that time, the mainland players were still very fragmented and capital investment in the industry was low. Now, it is much different. Government is encouraging and giving incentives for Chinese players (COFCO, Sinograin, etc) to expand and kinda preventing Wilmar as a foreign player from growing even larger.
China has a growing consumption market, so there is still a lot of money to be made. But that requires excellent execution.
China has a growing consumption market, so there is still a lot of money to be made. But that requires excellent execution.