HANTECH BIO-TECH, which is expected to move from the Emerging Stock Market to a Taipei Exchange (TPEx) listing in the third quarter of this year, benefited from strong demand for health and beauty beverages in Taiwan, with revenue growing by more than 100% last year.
A strategic shift led by HANTECH Chairman Lee Yu-Lin helped reverse a decade of sluggish business performance and put the company on a path toward rapid growth.
Functional beverages popular among Taiwanese consumers, such as collagen drinks, lutein drinks, and berry drinks, were traditionally packaged in glass bottles. In recent years, however, many brands have gradually shifted to aluminum foil pouch packaging.
As brands continue to expand their presence in the market, this packaging trend has driven many of them to seek out HANTECH BIO-TECH in Changhua. As Taiwan’s largest flexible pouch contract manufacturer, HANTECH has quietly entered a period of rapid business growth.
Source:
Business Today: https://www.businesstoday.com.tw/article/category/183015/post/202407310048/
