VITASOY International Holdings

PUBLISHED : Sunday, 10 August, 1997, 12:00am
UPDATED : Sunday, 10 August, 1997, 12:00am

VITASOY International Holdings makes and distributes non-alcoholic beverages in Hong Kong under brand names Vitasoy and Vita.

Last year ING Barings put a buy on the stock, saying the firm had strong sales growth and should rebound from the sour-taste scare.

This proved less than ideal advice as Vitasoy reported lower than expected results at the end of last year due to sluggish demand.

Twelve months ago Vitasoy traded at $3. It is now worth $3.45, but underperformed the HSI by 22.23 per cent over the period.