News

Home / Newsroom / News

TWPC confident in 4/2020, a clear recovery due to a dense order until the beginning of next year

BackDec 02, 2020

Ms. Orn-A-Nong Witchucharn (right), Group Chief Financial Officer and Miss Ratinan Wongwatcharanon (left), Head of Corporate Communication and Sustainability, Thai Wah Public Company Limited (TWPC), presented the Company's business overview to investors, analysts and presses in SET Opportunity Day Q3/2020 (Opportunity Day) via online system. We are confident that the performance in 4Q2020 will eventually recover from the COVID-19 pandemic since the beginning of the year. This is partly due to the demand for tapioca starch resume to normal levels, especially from China and Taiwan, which can be seen from a dense order until the beginning of next year. Moreover, the food product business is growing up in contrast to the economy because this is an essential product for living during the COVID-19 pandemic. In addition, this is the first year that Thai Wah has received a 5-star rating or 'Excellent' score on the Corporate Governance Report (CGR) by the Thai Institute of Directors (IOD). The event was recently held at the Thai Wah company meeting room.