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Dr. Andrew Stotz, CFA

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<ul><li>Strong sales momentum, low debt levels, and improving operating profit relative to its sector</li><li>APURE’s main businesses focused on production and export of sweet corn products is now recovering sharply after two years of drought, which had caused corn supply shortages</li><li>Government agriculture programs targeting expanded average acreage of farms should increase productivity for the company in the long term, and hence advance profits</li><li>APURE has shown strong net profit growth and is net cash</li><li>Risks: Poor weather conditions and exchange rates</li></ul>

Strong sales momentum, low debt levels, and improving operating profit relative to its sectorAPURE’s main businesses focused on production and export of sweet corn products is now recovering sharply after two years of drought, which had caused corn supply shortagesGovernment agriculture programs targeting expanded average acreage of farms should increase productivity for the company in the long term, and hence advance profitsAPURE has shown strong net profit growth and is net cashRisks: Poor weather conditions and exchange rates

APURE: Corn Products Make a Sweet Recovery

Thailand

AgriPure Holding Public Company Limited is an agricultural holding company, through its subsidiaries, the Company produces, distributes and exports processed sweet corn, fresh and organic tropical vegetables.

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Agripure Holding (APURE TB)

APURE: Corn Products Make a Sweet Recovery

Strong sales momentum, low debt levels, and improving operatingprofit relative to its sector APURE’s main businesses focused on production and...

A. Stotz Investment Research

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