Malaysia's top drinks stock Power Root eyes China for rainforest herbs coffee
The Edge Markets - Malaysia·2019-09-05 12:00
KUALA LUMPUR (Sept 5): Power Root Bhd, the best-performing beverage stock in Malaysia, plans to sell more of its rainforest herbs-infused coffee in China, as it sees a rebound in earnings this year.
The company will sell its products online focusing on suppliers, flagship and specialty stores in the world’s second-largest economy, Managing Director Wong Tak Keong said in an interview. Euromonitor projects the ready-to-drink coffee market there hitting US$1.47 billion by 2023.
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