SORKON: Biggest Player in Thai Traditional Processed Food
We initiate coverage on SORKON with a BUY rating based on a target price of Bt104 derived from 22.4xPE’18E Asia ex-Japan Consumer Staples Sector....
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S. Khonkaen Foods (SORKON TB)
S. Khonkaen Foods (SORKON TB)
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Analysis
Consumer Staples • Thailand
S. Khonkaen Foods Public Company Limited is a Thai food manufacturer and distributor. The company operates across five main business units: processed meat products, processed seafood, swine farming, quick service restaurants (QSR), and international businesses. They aim to elevate traditional Thai cuisine to international standards. The company is headquartered in Samut Prakan, Thailand, and was founded in 1984.
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