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CCL Products On Track To Achieve 10-20% Profit Growth For FY19

CCL Products Ltd. is targeting a 10-20 percent growth in bottomline by FY19 end.



Jars filled with coffee beans sit on display at a Starbucks Corp. coffee shop in Phnom Penh, Cambodia (Photographer: Taylor Weidman/Bloomberg)
Jars filled with coffee beans sit on display at a Starbucks Corp. coffee shop in Phnom Penh, Cambodia (Photographer: Taylor Weidman/Bloomberg)

Coffee maker CCL Products Ltd. is on track to achieve the 10-20 percent profit growth target it had set for itself for the current year, said Managing Director Challa Srishant.

“While we will continue to implement our strategy of going after volume customers, our focus will be more on premium products, including freeze-dried coffee.” The company will also be commencing trial production for commissioning its new plant in the third quarter, he said.

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