TMO’s intervention reflects broader efforts to balance domestic price dynamics with international competitiveness.
The downturn was attributed to a steep decline in revenue, a near-collapse in other operating income, high material costs, and a spike in finance costs.
The investments reinforce the company’s shift from commodity processing to integrated ingredient solutions for regional and international food manufacturers.
This regional expansion aims to enhance regional growth, diversification and innovation, reaffirming its commitment to food security.
This collaboration expands access to the innovative plant-based EXBERRY® colourings across Southeast Asia’s booming food sector.