32.4 C
Bangkok
Monday, April 29, 2024

FrieslandCampina suspends production of pasteurised milk in Thailand

FrieslandCampina (Thailand) is the country’s biggest dairy producer, selling UHT milk, pasteurised milk, condensed milk and ready-to-drink yoghurt.

Apart from Foremost, the company also manufactures and sells the Falcon, Debic, Ship and My Boy brands.

The Dutch multinational launched its Thai arm in 1956, gaining the largest market share in dairy thanks to Thais’ increasing thirst for sterilised milk, UHT milk and pasteurised milk.

However, FrieslandCampina (Thailand) suffered a net loss of 1.36 billion baht in 2021, down 180 per cent on 2020 profits, according to Department of Business Development data.

Read more…

Latest Articles