What is COFCO Corporation's Revenue?
COFCO Corporation's estimated revenue for 2024 is $11.24B.
What does COFCO Corporation do?
Founded in 1949, COFCO is one of the 53 pillar enterprises under direct administration of the State Council. With years of endeavor, COFCO has developed from a solely trading company of grain and oils into the largest supplier of diversified products and services in the agricultural products and food industry in China. It is devoted to realizing a fully integrated value chain from farmland to dining table, establishing the urban complex with a fully integrated service chain, and utilizing renewable natural resources to provide healthy and nutritious food, high quality lifestyle and services, as well as contributing to improve people's living standards, social prosperity and stability.
Starting from grain and oils trading and processing, COFOC expands its value chain to planting and breeding, logistics and storage, raw materials processing, bio-fuel as well as production and distribution of branded products, real estate and financial services. COFCO boasts a wide range of branded products and service portfolios, including Fortune edible oil, Great Wall wine, Le Conte chocolate, Joy City shopping mall, Yalong Bay resorts, China Tea products , COFCO-Aviva Life Insurance, etc.
As an investment holding company, COFCO has five companies listed in Hong Kong, namely, China Foods (HK00506), China Agri-Industries Holdings (HK00606), Mengniu Dairy (HK02319), COFCO Land Holdings (HK00207) and COFCO Packaging Holdings (HK00906) and three companies listed in mainland China, namely, COFCO Tunhe (600737), COFCO Real Estate (000031) and BBCA (000930).
In accordance with the global economic integration, COFCO continuously strengthens its cooperation with global partners. COFCO acquires international agricultural products and commodity trading companies - Nidera and Noble Agri in 2014, accelerating its expansion of the international layout, and linking main production and consumption areas.
