In today’s briefing:
- Cisarua Mountain Dairy (CMRY IJ) – Yoghurts, UHT Milk, and Proteins in One Basket
Cisarua Mountain Dairy (CMRY IJ) – Yoghurts, UHT Milk, and Proteins in One Basket
- Leading dairy and premium foods player Cisarua Mountain Dairy continued to demonstrate its resilience during 1Q2022 despite some omicron disruption, and rising pressure from raw materials.
- Growth will be driven this year through capacity expansion and a focus on expanding distribution channels, especially through general trade and Miss Cimory MCM.
- Management remains confident in the growth outlook and will potentially raise prices in 3Q2022 to offset inflationary pressures although powdered milk prices have already stabilized. Top consumer staples pick.
Before it’s here, it’s on Smartkarma
