Spreadsheet and Business Analysis Hup Seng

            Hup Seng Corporation is the holding organization. And its holding companies are involved in the sales and manufacturing of different products of food. Its production in the field of biscuits is very vast and a large variety this company is an offer to its customers. There are lots of food items that the company is manufacture and also sale to its customers and compete the market in a very effective manner. Although the economic growth is slow the progress of the company is good as compare to the previous year but with an increase in the growth its profit after tax is less as compared to the previous year.

        This company has multiple channels of distribution and also has a very competitive environment but still, a room of improvement exists in the company. The production sector of the company is working very effectively and tries to improve its quality on regular intervals to maintain their good taste and also its best quality products. Its main objective is to produce such a product that can be share at any time and at any place. It applies an effective sale strategy and follows a model that “quality is our promise”. Its try to enhance its product range and also want to expand its production capacity by more investment and also increase the market demand so people want to purchase its biscuits and also like its quality. So the company is focusing on producing wholesome products that will increase its profitability and also enhance its sales. So the company can able to get maximum market share by enhancing its production and also show sustainability impact on the environment, economy, and surroundings by showing its sustainability statement.

Benchmark companies of Hup Seng

            Here are two main companies that are used as a benchmarked for the Hup Seng Company. These two companies are cocoa and Hwa Tai corporations. The performance of these two corporations is very much advanced as compare to Hup Seng and hup seng also used the measurement and financial measurement of these two companies as a benchmark to determine its own performance and also its profitability.

            Cocoaland Corporation is Malaysia’s best corporation that deals with foods, another foodstuff, and fruits. it also offers many different eatable products like crackers, nuts, soft drinks cookies, wafers, and snacks. It includes trading, manufacturing and also investment holdings in the companies. There are multiple products that the company is going to manufacture and also generate income in all these segments so the performance of this organization in Malaysia is very well known and also consider as an important part of the economy. It also works as a benchmark for many other corporations in this field.

            Hwa Tai in the oldest corporation that held in Malaysia for the manufacturing of biscuits. It provides a fine product and also present as the largest player in this field. It provides a wide range of best quality biscuits all over ye world. At international and domestic level the performance of the Hwa Tai is very effective and considerable. In the market of biscuits, the Hwa Tai is the great name related to its products. It provides a high-quality product with great innovation. In the complete trade channel, it works with its own supply chain that includes manufacturing, sales and also the distribution of their product. It also carries the other products with its distribution channels and increases its demand in the market. So this corporation has a great market of manufacturing and also distributes its own product in all over the world through its own channels.