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   Ng Fung Hong Limited
Company Description
Ng Fung Hong Limited, the largest and leading supplier of fresh, live and frozen foodstuffs in Hong Kong, is a public company listed on the Stock Exchange of Hong Kong. Feeding Hong Kong with a range of quality products at the right time and at the best possible value is our major concern. We have been with Hong Kong for more than forty years when we started out in 1951 as a modest trading agent in Bonham Strand, a place well-known to the Chinese herbal medicine and processed food wholesalers. Over the past four decades, Ng Fung Hong has been thriving under the aegis of China Resources (Holdings) Co., Ltd., and through the Ministry of Foreign Trade and Economic Corporation (MOFTEC) as the general agent for foodstuffs imported from the mainland to Hong Kong. Today we have become a fully integrated food enterprise engaged in production, processing, distribution, wholesaling, retailing, slaughterhouse operation, transportation and international trading, with a well-established distribution network and a nation-wide source of supply. The listing on October 25, 1995 has unfolded a new chapter for better growth and development for the Company. While committed to the task of providing Hong Kong's more than six million population with a staple diet of essential foodstuffs, Ng Fung Hong has embarked on a policy of active expansion during the recent years. The year 1997 is one of great significance and has seen the Company expanded by leaps and bounds in its upstream and downstream capabilities. The diversification program has taken on a full swing, enabling the business to penetrate into production, retailing and marine fishing, particularly with the acquisitions of CRC Shop chain of supermarkets and China International Fisheries Corp, an operation based in West Africa. At the same time, the Company has recorded an encouraging growth in profits and assets. In 1998, we had a net profit of HK$525.1 million (US$67.5 million), an increase of 15.7% over 1997 and NAV of HK$1.56 billion (US$199.9 million).

Product Description
the largest and leading supplier of fresh, live and frozen foodstuffs.

Business Type :   Trading
Address :   8/F, China Resoures Building, 26 Harbour Road, Wanchai, Hong Kong
City & Country :   Hong Kong
Tel No. :   2593 8777
Fax no. :   2827 5985 / 2827 5051
Website :   http://www.nfh.com.hk
e-Mail :   Click here to contact us

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