Kido Frozen Foods Joint Stock Company (Vietnam)

The subject - KFF specializes in producing and trading foods and drinks such as ice cream, milk, dairy products, non-alcoholic beverages, mineral drinks and types of frozen foods. Accordingly, the subject has 4 product groups with brands such as ice cream (Merino, Celano), frozen yogurt (Wei Yo Kidz Gold, Wei Yo Family, Wei Yo Beauty), beverage (Wei Yo Shaved ice, Wei Yo Iced Syrup) and frozen food like dumplings. KFF is known as the leading ice cream and frozen food manufacturing company in Vietnam. For ice cream, KFF accounts for over 40% according to Euromonitor. Two ice cream brands (Merino and Celano) with many diverse products are widely sold at supermarkets and convenience stores across the country.Since 2020, KFF has stopped trading its shares with stock code KDF on Upcom. Formerly, KFF was a subsidiary of Kido Group Corporation (known as Kido Group). However, by the end of Apr 2023, Kido Group transferred more than 17.8 million shares of KFF and reduced the ownership ratio from 73% to 49%, turning the subject into an associate.