Fu-Wang Foods Limited
DDSE:FUWANGFOOD8.80
BDT
0.00
(0.00%)
ISIN
BD0286FWFD00
Return %
Stock
S&P 500
1Y
-26.67
13.14
3Y
-71.43
80.78
5Y
-49.71
67.74
Capital Structure
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Miya Mamun
- Sector
- Consumer non-durables
- Industry
- Food: specialty/candy
- Address
- Dhaka Bangladesh
- IPO Date
- Apr 6, 2000
- Website
- fuwangfoodsltd.com
- Similar Companies
- Business
- Fu-Wang Foods Limited is a Bangladesh-based food processing company engaged in the manufacturing, processing, and marketing of packaged confectionery, bakery, and beverage products. Founded in 1997 and headquartered in Dhaka, Bangladesh, the company operates primarily within the consumer staples sector, supplying retail and wholesale consumer markets nationwide through its manufacturing facilities situated in Gazipur. Fu-Wang Foods maintains a diversified portfolio across several core product categories, providing bakery and biscuit products, including salted biscuits, nutritional biscuits, cookies, sliced breads, butter buns, spicy toasts, and garlic toasts; confectionery and cake items, such as Choco Pies, American cheese cakes, sponge cakes, and sliced pastries; chocolates and wafers, including molded chocolates, chocolate-coated snacks, and wafer bars; packaged grains and savory foods, encompassing instant noodles, vermicelli, and puffed rice; and beverage lines, consisting of bottled drinking water, carbonated soft drinks, and energy beverages. In recent developments, the company has undergone substantial corporate and operational changes following the acquisition of a controlling interest and management takeover by Minori Bangladesh, a subsidiary of Japan-based Minori Co. Ltd., which initiated plant modernization initiatives, factory capacity upgrade programs, and international partnership evaluations with Japanese confectionery firm Kameda Seika Co., Ltd. Additionally, the company has been engaged in strategic supply chain restructuring under the JICA-assisted Food Value Chain Improvement Project, legal arbitration proceedings concerning undisclosed historical liabilities, and adjustments to manufacturing schedules, including a temporary production suspension at its Gazipur facility driven by regional industrial gas supply shortages and raw material inflationary pressures.