Want Want China Holdings Net Worth is16.2 $Billion
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Company Name: Want Want China Holdings Limited , ??????????
Company Type: Privately-owned company (Taiwanese enterprise)
Foundation: 2007
Location City: Shanghai
Location Country: China
Key People: Mr. Tsai Eng-Meng, Chairman and CEO
Area Served: China
Industry: Foods
Products: snack foods, beverages
Parent: Want Want Holdings
Homepage: [http://www.wantwant.com.cn/ Want Want China Holdings Limited]
Want Want China Holdings Limited (SEHK: 151) is the largest maker of rice cakes and flavored milk in China. It is also engaged in the manufacturing and sales of snack foods and beverages. The company's parent company is Want Want Holdings in Taiwan.
The company was established in 2007. It is incorporated in the Cayman Islands and headquartered in Shanghai. It was listed on the Hong Kong Stock Exchange in 2008 with its IPO price of HK$3.0 per share. According to Bloomberg, its largest shareholder is the founder Tsai Eng-Meng, and second largest is Iwatsuka Confectionery, based in Nagoya. The rice cracker products the company sells in China, especially the fried rice crackers, have been very popular in Japan for years. Iwatsuka's indispensable contribution to Want Want China's success story was well described in a book. Rice cracker as a food category originates in Japan.
In 2010, the company saw a 5% increase in profits and net income had risen from $312.6 million to $358.5 million. they also reported that sales had risen 31% to $2.24 billion. In 2011 it announced a tie up with Marubeni, according to the Mainichi Shinbun.

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Want Want China Holdings Latest News

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Posted: December 9, 2017, 9:00 pm

Profile: Want Want China Holdings Ltd (0151.HK)

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Posted: November 30, 2017, 4:00 pm

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