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Home > Company Index > Food, Beverage & Tobacco > Tobacco Products > Taiwan Tobacco & Wine Board

Taiwan Tobacco & Wine Board
 PROFILE
The Taiwan Tobacco & Wine Board's (TTWB) days as a government-owned monopoly are numbered, as it prepares to privatize by mid-2001. The monopoly sells its beer and wine under the Taiwan Beer and Shaohsing brands respectively; its spirit brands include Yih-Lu and Mei liquors. TTWB's Long Life cigarettes are the island's leading brand. Its products are exported to more than 55 countries throughout Asia, the Americas, and Europe. The firm is Taiwan's sole producer of alcohol, the only entity allowed to brew beer there since the early 1900s. TTWB will become a regulator upon privatization, allowing other firms to produce beer and liquor in Taiwan. It plans to enter the Chinese herbal medicine and health foods markets.

 COMPETITION
Asahi Breweries, Ltd. (2502)
Kirin Brewery Company, Limited (KNBWY)
Philip Morris International Inc. (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 3,180.40
1-Yr. Sales Growth: (14.6)%
Employees: 9,975
Revenue per employee: $318,837.09

 KEY PEOPLE
• Cheng-Hsiung Chu
    CEO
• Ing-Shyeng Shieh
    CFO

 CONTACT INFO
No. 4, Nanchang Rd., Section 1
Taipei, Taiwan
Phone: 886-2-2321-4567
Fax: 886-2-2397-2086
Online: Web Site

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