Auric Pacific Probably Needs To Diversify For Benefit Of Long-Term Growth

Singapore-based conglomerate Auric Pacific Group, which engages in the manufacturing and distribution of food and beverages in Singapore and regional economies such as Malaysia, Indonesia, Thailand, Hong Kong and China, should look forward to a reasonably strong year ahead. Strong retail sales growth, high tourist arrivals and buoyant labour market conditions are likely to lend a helping hand to support Auric's revenue growth. Longer term, we believe Auric will need to sharpen its focus on geographical diversification in order to create a better-rounded portfolio with lower volatility in its top-line growth.

To read the full article, please choose one of the following options: