A sweeter smell of success
Article Abstract:
Pak Fah Yeow International Ltd., a medicated-oil maker, is confident of enjoying success in the Chinese market, where it hopes to have a bottle of its product on every shelf. The company, which posted HK$12 million in 1997, consolidated in June 1998, all operations into a new, larger factory in Chai Wan and doubled its production lines to six from three. In May 1998, Pak Fah Yeow signed an agreement with Guangzhou Pharmaceutical Co., China's biggest maker and trader of Chinese patented medicines, to serve as its exclusive distributor in the country.
Comment:
Medicated-oil maker is confident of enjoying success in the Chinese market
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
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Asian companies set to soar; corporations remake themselves, unleashing their stocks' potential
Article Abstract:
Corporate restructurings are working for Asian companies. One example is Siam Cement Public Co whose debt has been reduced and has regained focus since it hired outside consultants in 1998. In addition, its share price has risen by as much as 500%. Another example of a successful restructuring effort is that of Hite Brewery Co whose shares have climbed to 320% since Dec 1998. This increase has been attributed to its sale of a stake to Carlsberg which resulted in debt reduction and the retooling of its product line.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1999
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A sweeter smell of success
Article Abstract:
Pak Fah Yeow International Ltd has maintained the success of its operations despite the ongoing regional crisis. The company, which recorded net profit of HK$12 million in 1997, manufactures a unique sharp-smelling oil which contains peppermint, lavender, camphor among others. The oil, commonly called white flower, is indicated for colds, flu, nausea and other related illnesses. Company officials are planning to expand Pak Fah Yoew's customer base in China by adding a number of features to its product line.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
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