Vedan International Holdings Ltd

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Vedan International Holdings Ltd (2317) Price Performance

Vedan International Holdings Ltd (2317) trades on Hong Kong Stock Exchange in HKD. The company is classified in the Consumer Defensive sector under the Packaged Foods industry. The stock currently trades at HKD0.65.

Over the past year, 2317 has traded between a low of HKD0.52 and a high of HKD0.75. The stock has gained 18.6% over this period. It is currently 13.8% below its 52-week high.

Vedan International Holdings Ltd has a market capitalization of $1.01B, with a price-to-earnings ratio of 8.25 and a dividend yield of 1.36%.

About Vedan International Holdings Ltd

Vedan International (Holdings) Limited, an investment holding company, manufactures and sells fermentation-based food additives, biochemical products, and cassava starch-based industrial products. It offers cassava starch-based industrial products, including native starch, a cassava starch to produce sausages, ice-creams, canned soup, and noodles; modified starch for industrial applications in textile, paper, food, feedstuff, and cosmetic products; and glucose syrup for processing of food, confectionery, and bakery products, as well as to produce monosodium glutamate (MSG) and glutamic acid (GA) products, and lysine. The company also provides specialty chemical products, such as caustic soda to produce MSG products, as well as used in metal processing and food, textile, cosmetics, paint, water treatment, and detergent products; hydrochloric acid to produce GA products, as well as used in food and textile products, beverages, and seafood and metal processing; and hypochlorite that is used as bleaching agent to produce detergent products. In addition, it offers PGA hydrogels, gamma-poly-glutamic acid products, and Y-poly-glutamic acid hydrogels. The company sells its products under the VEDAN brand. It serves customers through food distributors and international trading companies, as well as manufacturers of food, paper, textile, and chemical products in Vietnam, Japan, Taiwan, the People's Republic of China, the United States, ASEAN countries, European countries, and internationally. Vedan International (Holdings) Limited was incorporated in 2002 and is based in Causeway Bay, Hong Kong.