Want Want will benefit from the rise of consumerism in China.
Want Want China Holdings' second-half 2016 earnings slightly beat our forecasts on stronger-than-expected sales recovery from the dairy & beverage and snack food segments. WWCH's multiple strategies in new product launches and customized packaging remedied its weak first-half performance, leading to 7% year-on-year operating profit growth. 2017 will remain challenging, as fewer peak-season days will weigh on WWCH's core business amid intensifying competition and decelerating economic growth....Want Want China Holdings is an investment holding company. Through its subsidiaries, Co. is engaged in the manufacturing, distribution and sale of rice crackers, dairy products and beverages, snack foods and other products. Co.'s activities are primarily conducted in the People's Republic of China, Taiwan, Japan, Singapore and Hong Kong. Co. produces and markets its products under the Want Want brand. As of Dec 31 2014, Co.'s operations are mainly organized into four business segments, including manufacturing and sale of: rice crackers, dairy products and beverages, snack foods and other products.
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