Transparent growth

A local food business is preparing for an IPO (initial public offering). Preliminary estimates put the deal’s value at billions of dollars. If it goes through, it will have a positive ripple effect across the industry.

- Why “if”?

- This was planned by the company decades ago. But every time they took the plunge, they felt insecure. When they had a large amount of investment capital and changed owners, the business results in recent years were different. Not only did sales and profits continuously increase, this company also owned the most successful coffee processing factory in the domestic market. Doing business well, preparing carefully, IPO will be effective.

- Not only in the culinary sector, but also IPO deals expected to be billions of dollars in size are coming from a number of other businesses that are slowly entering the market. What does this wave show?

- The scale of the economy grows strongly, giving rise to large enterprises. IPOs are an opportunity to attract more capital from investors. Large enterprises will have enough resources to create new steps for the market. Continuous competition will make consumers better served.

- Rising rents and operating costs are always a challenge. Whether large or small, businesses are only sustainable when they have transparent growth.

CROSSED TU

Source: https://www.sggp.org.vn/tang-truong-minh-bach-post812206.html