In the video in Segmental Breakdown when discussing about Premier Marketing based in Thailand, you mentioned that they export tuna to Japan, as if it is a notable business and not something to throw away like Famous Amos. However, I don’t see such information in the annual report displayed.
My question is how do you find such information when it is not listed in the annual report? Why isn’t it listed in the annual report anyway?
Hi Ze Hong,
I will not say the tuna business is a notable business but compare to Famous Amos, it is definitely more profitable that it. Famous Amos has not been doing well under DKSH.
Asian annual report information are usually scattered around unlike the US companies. Hence, to gather information for Asian companies, you have to read through every year annual report and get analyst report from your broker.
As for the Tuna business information, you can find it in the annual report. It is under a subsidiary name called Premier Canning Industry Co., Ltd. (Page 197 of AR2019). You can find it in segment information (Page 342 of AR2019) under manufacture food.
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