Tuna firm bullish on salmon venture, Indonesian unit
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BW20100210_S1/8Excerpt
Alliance Tuna International, Inc. expects both revenues and net income yo grow by nearly a third this year, as expansion activities bear fruit. Teresita S. Ladanga, Alliance Tuna chief operating officer, said in an interview the canned tuna maker plans to boost the operation of its Indonesian subsidiary PT International Alliance Food Indonesia to 100 metric tons (MT) from just 30 MT a day. Ms. Ladanga said the Indonesian subsidiary beat expectations last year, making Alliance Tuna optimistic the unit would provide a steady stream of profit this year.
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Liu, K. J. R. (2010, February 10). Tuna firm bullish on salmon venture, Indonesian unit. BusinessWorld, p. S1/8.
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