Vichitbhan Palmoil Public Company Limited (VPO.BK)
Vichitbhan Palmoil Public Company Limited operates in the Packaged Foods industry of the Consumer Defensive sector, headquartered in Bangkok, BM, TH. The stock last traded at $0.48, up 2.13% on the session, giving a market capitalisation of $451.2M. Its beta of -0.67 implies it has historically moved less than the broad market.
Vichitbhan Palmoil Public Company Limited is a Thai enterprise specializing in the production and distribution of crude palm oil and various palm kernel derivatives. Their crude palm oil is supplied to refineries for subsequent use in both the food sector—appearing in products like biscuits, creamer, and ice cream—and non-food applications such as shampoo, cosmetics, and the creation of fatty acids and methyl esters. Palm kernel oils find applications as ingredients in products like margarine, cooking fats, cosmetics, and health supplements, and also serve as crucial raw materials for the oleochemical industry. Additionally, palm pulp is repurposed as an animal feed ingredient. The company also markets several by-products, including seeds, palm kernel shells, empty fruit bunches, decanter cakes, and palm fibers. Furthermore, VPO engages in sustainable energy generation, converting wastewater and residues from its crude palm oil production into biogas for fuel. Established in 1987, the company's headquarters are located in Bangkok, Thailand.
Vichitbhan Palmoil Public Company Limited is most often compared with the following Consumer Defensive names: