Australia’s Arnott’s Group sees annual revenue from Asia touching RM2.5bil in 10 years. PUCHONG – The multinational food manufacturer, The Arnott’s Group (TAG), anticipates achieving RM2.5 billion in annual revenue from Asia within a decade. Currently, the group’s Asian business contributes over RM1 billion, accounting for a quarter of the company’s total annual turnover. TAG’s Chief Executive Officer, George Zoghbi, expressed confidence in the region’s expanding ready-to-eat meals market, with Kuala Lumpur serving as the hub of operations. Zoghbi highlighted the company’s dominance in the Malaysian pasta sauce market and unveiled the new Prego Instant Pasta Bowl at a launch event in Puchong. The product is set to revolutionize the ready-to-eat meals sector in Asia with its unique taste, convenience, and nutritional value. Available in two variants, Mac and Cheese, and Mushroom Carbonara Mac Bowls, the Prego Instant Pasta Bowl is priced at RM7.50 per pack.
Multinational Food Group TAG Targets RM2.5 Billion Revenue in Asia in Next Decade, Malaysia
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