Subject category:
Strategy and General Management
Published by:
IBS Case Development Center
Length: 11 pages
Data source: Published sources
Topics:
Pacific Andes International Holdings Limited; Growth strategies of Pacific Andes; National Fish and Seafood Inc; Matlaw's frozen seafood; Processed fish and vegetable products; Market analysis of Pacific Andes; Pelican food; Just in time; Alaskan Pollock; Central Science Laboratory; Hazard analysis and critical control point (HACCP); Logistics Hong Kong initiative; Seafood in China; China International Fisheries Hong Kong Limited; X.400 mail system
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Abstract
Pacific Andes International Holdings Limited (Pacific Andes), which started in 1986 with an aim to become a fully integrated company in the global seafood and vegetable business, achieved considerable growth within a short span of its inception. The company''s headquarters were in Hong Kong and the People''s Republic of China (PRC) was its major customer. Despite hurdles like the Asian financial crisis in 1997, a ban by the western countries on imports of food products of animal origin from China and global economic slowdown, Pacific Andes surged forward successfully to end fiscal 2003 at HK$ 2,141 million with a net profit of HK$73.3 million. It also planned to expand in other developing countries to increase its global market share and gain sustainable competitive advantage through synergy.
About
Abstract
Pacific Andes International Holdings Limited (Pacific Andes), which started in 1986 with an aim to become a fully integrated company in the global seafood and vegetable business, achieved considerable growth within a short span of its inception. The company''s headquarters were in Hong Kong and the People''s Republic of China (PRC) was its major customer. Despite hurdles like the Asian financial crisis in 1997, a ban by the western countries on imports of food products of animal origin from China and global economic slowdown, Pacific Andes surged forward successfully to end fiscal 2003 at HK$ 2,141 million with a net profit of HK$73.3 million. It also planned to expand in other developing countries to increase its global market share and gain sustainable competitive advantage through synergy.
