Khon Kaen Sugar

Khon Kaen Sugar
Company type	Public
Traded as	SET: KSL
Industry	Food
Founded	1945; 79 years ago
Headquarters	Bangkok, Thailand
Products	Sugar
Revenue	US$ 552.6 million (2014)
Net income	US$ 45.7 million (2014)
Total assets	US$ 1.1 billion (2014)
Website	www.kslsugar.com/en/home

Khon Kaen Sugar (KSL) is a sugar-manufacturing company based in Thailand. Its corporate headquarters are in Bangkok. Its principal manufacturing facilities are in Khon Kaen, northeastern Thailand.^[2]

History

Khon Kaen Sugar was founded as Kwang Soon Lee in 1945 in Bangkok and in 1952 moved to a plant in Thonburi, producing 250 bags of sugar a day. The company spent the next decades merging with and acquiring companies and in 1974 organized itself and its companies as KSL Group. It one of six sugar companies listed on the Stock Exchange of Thailand (SET) and is on the SET50 Index.^[3]

Subsidiaries

Other KSL subsidiary companies include Thai Fermentation Industry, which produces Red Spoon brand condiments and is the largest exporter of seasoning products in Thailand; and Chengteh Chinaware Thailand, which produces and trades ceramic giftware. As of 2003 KSL is working to use waste molasses and bagasse for the production of ethanol and gasahol.^[4]

References

^ ^a ^b ^c KSL Financial Data Archived 2019-12-06 at the Wayback Machine, then using the December 31, 2014 exchange rate of 1 baht = 0.02812 US dollar
^ "About KSL". KSL Group. Archived from the original on 3 September 2015. Retrieved 5 August 2015. "KSL - Khon Kaen Sugar Industry Public Company Limited". Archived from the original on 3 September 2015. Retrieved 5 August 2015.
^ "List of Companies / Securities". The Stock Exchange of Thailand (SET). Retrieved 5 August 2015.
^ "Business and Products". KSL Group. Archived from the original on 3 September 2015. Retrieved 5 August 2015. "KSL - Khon Kaen Sugar Industry Public Company Limited". Archived from the original on 3 September 2015. Retrieved 5 August 2015.