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Trades about 8% above its sector, the market expects faster growth.
Cofco Sugar Holding CO.,LTD., based in Urumqi, China, operates as a significant player in the country's agricultural sector. Its primary business activities encompass both sugar manufacturing and the processing of tomatoes. The company boasts an extensive product portfolio within the sugar industry, featuring various types such as raw sugar, white granulated sugar, soft white sugar, brown sugar, and refined sugar. Beyond these core offerings, it also produces sugar processing derivatives like granular meal and molasses. Furthermore, Cofco Sugar Holding is heavily involved in the production and global export of a diverse range of tomato-based products. These include popular items like tomato ketchup and sauces, alongside specialized offerings such as lycopene, tomato beverages, whole or diced tomatoes, and health products derived from tomatoes. The organization, which is a subsidiary of the larger COFCO Corporation, officially adopted its current name, Cofco Sugar Holding CO.,LTD., in November 2020. Prior to this, it was known as Cofco Tunhe Sugar CO,. Ltd.
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